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BlueCity Holdings Priced, Nasdaq: BLCT

Leading online LGBTQ community and dating platform in China.

Industry: Technology

Latest Trade: $7.29 -0.03 (-0.4%)

First Day Return: +46.4%

Return from IPO: -54.3%

Industry: Technology

Our story started in the year 2000, when our founder, Mr. Baoli Ma, a closeted policeman by the alias "Geng Le," founded one of China’s first and most influential LGBTQ online forums, Danlan.org. From a one-man operation that started 20 years ago, BlueCity has evolved into a global gateway for the "coming out journey" of the LGBTQ population, encouraging them to be themselves, feel good about themselves, and embrace the community. We celebrate a registered user base of over 49 million on our Blued mobile app as of March 31, 2020. We have a large and active user base which primarily consists of LGBTQ persons in China and the rest of Asia, and we provide a full suite of services empowering LGBTQ persons in all aspects of their daily lives. As a central hub of BlueCity’s services and platforms, the Blued mobile app allows our users to connect with each other, express themselves, and access professional health related services and family planning services at their fingertips. With a long history of serving the LGBTQ community, we have an unparalleled understanding of their needs and concerns, and have developed service offerings specifically tailored to meet their lifetime needs.
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IPO News for BlueCity Holdings
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IPO Data
IPO File Date 06/16/2020
Offer Price $16.00
Price Range $15.00 - $17.00
Offer Shares (mm) 5.3
Deal Size ($mm) $85
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/07/2020
Offer Price $16.00
Price Range $15.00 - $17.00
Offer Shares (mm) 5.3
Deal Size ($mm) $85
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Beijing, China
Founded 2011
Employees 488
Website www.blue-city.com