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The privatization of online LGBTQ platform BlueCity is nearing completion. Metaclass Management ELP, a fund owned by Chinese social networking product developer Newborn Town, will become its actual controller.
BlueCity Holdings (Nasdaq: BLCT), the operator of Chinese gay dating platform Blued and LGBTQ online community, has gotten off to a good start on Wednesday as the company carried out its public trading on Nasdaq.
BlueCity Holdings Limited (BlueCity), a leading Chinese online LGBTQ platform, reported increasing revenues and more monthly active users in its unaudited financial results for the second quarter ending June 30, 2020 released Wednesday.
Online LGBTQ platform BlueCity announced Wednesday that it has acquired Finka, a dating app for gay men in China, in a 240-million-yuan deal. The transaction is scheduled to close before mid-December.
Online LGBTQ platform BlueCity reported a yearly revenue increase of 47.3% and a 43.8% year-over-year total paying user growth in its unaudited financial results for the third quarter ending on September 30, 2020.
BlueCity, owner of China’s largest dating app for gay men Blued, said on Tuesday that it has obtained a license for an Internet hospital in China for the brand’s health service platform.
BlueCity Holdings Ltd, the parent company of gay dating app Blued, submitted a prospectus to the US Securities and Exchange Commission (SEC) today.
Chinese social networking product developer Newborn Town announced on Thursday that it would establish a fund in partnership with Spriver Tech Limited and its wholly-owned subsidiary before March 31.