Online literature was a literary work that was spread through the Internet. It had a wide range of influence and user groups. The achievements and shortcomings of online literature mainly included the following aspects: Achievement: 1. Strong creativity: Online literature is not restricted by traditional literature, and can express the author's creativity and ideas more freely, and it is easier to attract more readers. 2. Diverse genre of works: Online literature covers various types, including martial arts, fantasy, romance, science fiction, etc., to meet the needs of different readers. 3. Excellent creative teams: Online literature has many excellent creative teams and they can better grasp the needs of readers and market trends to create more excellent works. 4. Promotion of the development of the cultural industry: Online literature not only promoted the development of the cultural industry, but also promoted literary creation and communication, injecting new vitality into the development of the cultural industry. Flaws: 1. Uneven content quality: Due to the relatively low threshold for online literature creation, the quality of content is uneven. Some works have problems such as plagiarism and infringement. 2. Limited audience range: The audience range of online literature is narrow mainly because young and experienced readers have limited appeal to readers of other age groups and cultural backgrounds. 3. The lack of a unified standard management: There are irregular phenomena in the online literature market, such as pirates, copyright violators, etc. The lack of a unified standard management leads to problems such as copyright protection. 4. Low literary value: Online literature often pays more attention to entertainment and legibility, lacks depth and cultural content, and has a limited effect on improving literary quality and promoting literary creation.