Press Releases

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BlueCity Announces First Quarter 2021 Unaudited Financial Results

— 30.7% year-over-year revenue growth– — 47.8% year-over-year total paying user growth– BEIJING, June 10, 2021 (GLOBE NEWSWIRE) — BlueCity Holdings Limited (“BlueCity” or the “Company”) (Nasdaq: BLCT), a leading online LGBTQ platform, today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Highlights Total revenues reached RMB271.1 million […]

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BlueCity Filed Annual Report on Form 20-F for Fiscal Year 2020

BEIJING, April 29, 2021 /PRNewswire/ — BlueCity Holdings Limited (“BlueCity” or the “Company”) (Nasdaq: BLCT), a leading online LGBTQ platform, today announced that it filed its annual report on Form 20-F (the “Annual Report”) for the fiscal year ended December 31, 2020 with the U.S. Securities and Exchange Commission (the “SEC”) on April 29, 2021. The Annual Report can be accessed on the Company’s […]

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Video Launch Highlights BlueCity and UNAIDS’ Joint Campaign for Ending Discrimination

Co-production underlines the impact of prejudice on the lives of people across society and calls for equality  BEIJING, April 22, 2021 /PRNewswire/ — On April 19th, BlueCity and UNAIDS launched a jointly produced video entitled “Would You Discriminate against Me?” on major Chinese social media platforms. The video highlights their joint campaign to tackle discrimination, which kicked off March 1st with a series […]

BlueCity CEO to Speak at Leading Global Tech Conference Collision

BlueCity CEO to Speak at Leading Global Tech Conference Collision

BEIJING, April 21, 2021 /PRNewswire/ — On April 22, BlueCity Founder, Chairman and CEO Baoli Ma will appear for the first time at leading global tech conference Collision 2021, speaking about his inspiring mission to unite the LGBTQ community in China and overseas. In an interview themed “Building an app with a rainbow heart”, Ma will sit down with Martina Fuchs, Business Correspondent […]

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He Health Obtains Internet Hospital License, Presenting Big Prospects for BlueCity’s Fast-growing Health Business

BEIJING, April 20, 2021 /PRNewswire/ — BlueCity (Nasdaq: BLCT) today proudly announced that He Health, the brand’s health service platform for men, has officially obtained an Internet hospital license in Mainland China, presenting great prospects for the brand’s nascent, yet fast-growing health business. The establishment of the He Health Internet Hospital means that BlueCity can now offer a more complete set of health services […]

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BlueCity Announces Fourth Quarter and Full Year 2020 Unaudited Financial Results

–Fourth Quarter Revenues of RMB278.8 million, up 24.2% year-over-year –Fourth Quarter Total Paying Users of 518 thousand, up 37.9% year-over-year –Full Year Revenues of RMB1.03 billion, up 35.9% year-over-year BEIJING, China, March 23, 2021 (GLOBE NEWSWIRE) — BlueCity Holdings Limited (“BlueCity” or the “Company”) (Nasdaq: BLCT), a leading online LGBTQ platform, today announced its unaudited […]

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Blued introduces photo verification feature and simplified interface for users in Latin America

New features will bring an even safer and more efficient user experience BEIJING, Nov. 12, 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 LGBT community, has introduced a major update to its Blued mobile app in Latin America […]

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. […]

BlueCity-CEO-Recognized-on-INvolve'-'OUTstanding-100-LGBT+-Executives-List'

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 […]