Press Releases

BlueCity pledges donation towards HIV prevention ahead of World AIDS Day, following brand’s pioneering work in the field

BEIJING, Nov. 24, 2020 (GLOBE NEWSWIRE) — BlueCity, a world-leading LGBTQ community platform providing a full suite of services to foster connections and enhance the well-being of the LGBTQ community, has pledged to donate one million yuan (nearly 152,300 USD) to further carry out HIV-prevention education and control in the lead-up to World AIDS Day. […]

Blued-introduces-community-feature-to-its-China-edition-app

Blued introduces “community” feature to its China-edition app

BEIJING, Sept. 16, 2020 (GLOBE NEWSWIRE) — BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ: BLCT), a world-leading online LGBTQ platform, has officially launched an all-new “Community” feature on its China edition Blued app, which enables users to join groups covering diverse topics and better engage with like-minded community members. As a central hub of BlueCity’s services and […]

BlueCity CEO Baoli Ma named among Business Insider’s 100 People Transforming Business in Asia

BEIJING, Sept. 9, 2020 — Baoli Ma, founder, chairman and chief executive officer of BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ: BLCT), a world-leading online LGBTQ platform, has been named among Business Insider’s 100 People Transforming Business in Asia. “Ma Baoli made some history this year after his company, BlueCity, best known for its dating […]

BlueCity Announces Second Quarter 2020 Unaudited Financial Results

BlueCity Announces Second Quarter 2020 Unaudited Financial Results

BEIJING, Aug. 26, 2020 (GLOBE NEWSWIRE) — BlueCity Holdings Limited (“BlueCity” or the “Company”) (Nasdaq: BLCT), a leading online LGBTQ platform, today announced its unaudited financial results for the second quarter ended June 30, 2020. Second Quarter 2020 Highlights Total revenues reached RMB247.4 million (US$35.0 million), an increase of 32.2% from the same period in 2019. […]

BlueCity releases its very first ESG and CSR reports

BEIJING, Aug. 18, 2020 — BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ: BLCT), a world-leading online LGBTQ platform, today released its 2019 Environmental, Social and Governance (ESG) Report and 2019 Corporate Social Responsibility Report, both in their very first editions, which highlight the Company’s initiatives to drive progress towards a more diverse and inclusive […]

BlueCity Ranked Among China’s Top Companies for CSR

BEIJING, Aug. 04, 2020 (GLOBE NEWSWIRE) — BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ: BLCT), a world-leading online LGBTQ platform, has been ranked at No. 12 among 50 Chinese Internet companies for its performance in corporate social responsibility (CSR) in 2019 according to a latest report. The ranking, released last Friday, is compiled by […]

BlueCity Announces Pricing of Initial Public Offering

BEIJING, July 08, 2020 (GLOBE NEWSWIRE) — BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ: BLCT), a world’s leading online LGBTQ platform, today announced the pricing of its initial public offering of 5,300,000 American Depositary Shares (ADSs) at US$16.00 per ADS. Each two ADSs represent one Class A ordinary share of the Company. The ADSs […]