Press Releases

BlueCity Announces Third Quarter 2020 Unaudited Financial Results

BlueCity Announces Third Quarter 2020 Unaudited Financial Results

BEIJING, Dec. 02, 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 third quarter ended September 30, 2020. Third Quarter 2020 Highlights Total revenues reached RMB297.6 million (US$43.8 million), an increase of 47.3% from the same period in 2019. Net loss was RMB137.8 million […]

BlueCity Brands Featured on Renowned Online Dating Industry Listing

BlueCity CEO Baoli Ma and LESDO Founder Ze Ye recently recognized in the Power Book 2021 from Global Dating Insights BEIJING, Feb. 22, 2021 (GLOBE NEWSWIRE) — Baoli Ma, CEO and Founder of BlueCity, a world-leading LGBTQ community platform providing a full suite of services to foster connections and enhance the well-being of the LGBTQ […]

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BlueCity Launches Campaign for Greater LGBTQ Acceptance Among Families in China during Chinese New Year

BEIJING, Feb. 12, 2021 (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, launch the “Let Love Go Home” campaign, which pushes for greater LGBTQ acceptance and understanding among the families of community members in China as the […]

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Blued Rolls out “Voice Chat Room” Function

BEIJING, Feb. 05, 2021 (GLOBE NEWSWIRE) — BlueCity, a world-leading platform providing a full suite of services to foster connections and enhance the well-being of the LGBTQ community, today launched a voice chat room function on its Blued app in mainland China, allowing users to join engaging chat rooms based on language, friends and interests. […]

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BlueCity CEO Recognized on INvolve’ ‘OUTstanding 100 LGBT+ Executives List’

Baoli Ma named for building a truly inclusive and forward-looking culture within BlueCity, and leading the company to its historic NASDAQ listing in 2020 BEIJING, Jan. 19, 2021 (GLOBE NEWSWIRE) — Baoli Ma, founder, chairman and chief executive officer of BlueCity, a world-leading LGBTQ community platform providing a full suite of services to foster connections […]

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BlueCity Announces Changes to Board and Committee Compositions

BEIJING, Jan. 05, 2021 (GLOBE NEWSWIRE) — BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ: BLCT), a world’s leading online LGBTQ platform, today announced the appointment of Mr. Weiru Chen as a new independent director to its board of directors (the “Board”), effective immediately. Mr. Zhe Wei has concurrently resigned from his positions as a […]

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. […]

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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 […]

Blued Geng Le:Internet Based HIV Prevention and Control is the Future

Blued Geng Le:Internet Based HIV Prevention and Control is the Future Via:Yahoo! Finance 2019-11-02 “The Internet and the youth are of vital importance in HIV prevention and control in the future, and what China has achieved in this field is worthy of the world’s reference.” Said Mr. Eamonn Murphy, the head of UNAIDS Asia Pacific, […]