BlueCity Holdings (BLCT) Posts Q2 Adjusted Net Loss of $5.9M
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BlueCity Announces Second Quarter 2021 Unaudited Financial Results
August 24, 2021 6:00 AM EDT-- 18.0% year-over-year revenue growth---- 58.1% year-over-year total paying user growth--
BEIJING, Aug. 24, 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 second quarter ended June 30, 2021.
Second Quarter 2021 Highlights
Total revenues reached RMB291.9 million (US$45.2 million), an increase of 18.0% from the same period in 2020. Net loss was RMB35.0 million (US$5.4 million), compared with net loss of RMB3.3 million in the second quarter of... More