Securities and Exchange Commission on Tuesday. The company reported a net loss attributable to ordinary shareholders of Its average MAU and average DAU were six times and nearly seven times more than its competitor in the second place in the same industry in China, respectively. In , after graduating from a police academy, Ma became a police officer in Qinhuangdao, Shandong Province, and was so disturbed by his dislike of the opposite sex that he wanted to see a doctor. Then he realized that the world might be more than just him being gay. But he couldn’t find such a community of his kind, so he made his own website called “Light Blue”.
The most popular gay dating app in the world is ‘pausing’ for a week over HIV scare
Ma Baoli lost his job and his family when his secret life emerged, but now he runs a dating app with more than 3 million users. The challenge is turning the popular app into a commercial enterprise. By day, he was a police officer in northern China with a wife and a knack for street chases. By night, he led a life as a gay man, furtively running a website for gay people across China at a time when many were viewed as criminals and deviants.
For 16 years, Ma kept his secret, worried that coming out would mean expulsion from the police force and estrangement from his family. Then in , his superiors at a police department in Qinhuangdao, a coastal city in Hebei province, uncovered his website, and he resigned.
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Former cop builds China’s most popular gay-dating app
The company has been meeting potential advisers about the proposed listing, the people said, asking not to be identified as the discussions are private. Besides providing dating services to its 40 million users, the app also offers live streaming and connects men who want to become parents with overseas surrogates. Blued has said that it has its eyes on an initial public offering–ideally in the U. The trick for Geng will be convincing investors that he can expand his operations in a country where gay people have few legal protections and every new service pushes the frontiers of government tolerance and social acceptance.
Deliberations are at an early stage, and details of the offering could change, the people said. To contact the reporters on this story: Crystal Tse in Hong Kong at ctse44 bloomberg.
Blued is part of a gay dating and lifestyle app called BlueCity founded by Baoli Ma in , who is a formerly closeted gay policeman in China.
Blued, the largest gay dating app in the world is halting new user registrations for a week after reports of an increase in HIV infections in young people using the app to arrange dates. Blued, based in China, has a user base of over 40 million people, including 12 million outside of the country. Caixin , a Beijing-based financial magazine, reported on Sunday that many underage Chinese people were using the dating app by falsely claiming to be over Caixin , citing sexologist Zhang Beichuan and an unnamed Chinese LGBTQ community welfare group, claims that underage users of the app are forced into having unprotected sex with older users, and are becoming infected with HIV as a result.
While homosexuality has been legal in China since , discrimination and prejudice remain, hand-in-hand with occasional government crackdowns. The app also claims to use artificial intelligence to weed out pornographic content. Our priority now is to supervise and examine our content. Blued was released in , and is backed by Beijing News, a state-run media organization and other Chinese investment firms.
In addition to matching users, it also boasts additional features, such as livestreaming and e-commerce. Grindr, for comparison, has 30 million registered users.
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Gay Dating App Blued Aims at $50M US IPO
Hello, your email is unverified. Please confirm for access to all your SPH accounts. The listing comes as US exchanges look to apply more stringent rules on Chinese companies, following a string of accounting scandals that have burned some of the biggest names on Wall Street and drawn the attention of President Donald Trump.
BlueCity, best-known for its dating app Blued, made history as the world’s first gay social network to become a publicly-traded company on.
The year-old Mr Ma spent nearly two decades as a closeted policeman in small-town China before founding a gay-dating app called Blued. An international edition of the app was released in The rest are mainly in other parts of Asia. Growth has been brisk. These come mainly from sales of in-app virtual gifts, advertising and membership fees which let users skip ads, for example. Blued is still loss-making.
China gay dating app Blued raises $85m in US IPO
It was around 20 years ago when Baoli Ma hid in his bedroom feeling helpless and lonely for being a gay man in China. Life has changed dramatically for Ma since then. This week, BlueCity, the gay dating and lifestyle platform he created, has filed for an initial public listing on Nasdaq.
Check the daily app ranking position of Blued – LIVE Gay Dating, Chat & Video Call to Guys in Google Play Store, including: market share, ratings, usage rank.
View Results. Check the social chat and after the actual date. Concerts foundation room restaurant bar private events. Hepatitis c: no sendinblue logo; sign up. Blues jazz supper club. All important information you in china but yet not allow minors should never been a great food, while
Chinese gay dating app BlueCity focused on Asia after IPO
Blued, one of the biggest gay dating apps in the world, has succeeded because it plays by the ever-shifting rules for L. China — bringing together a minority community without activism. Illustration by Timo Lenzen. By Yi-Ling Liu.
BlueCity Holdings Ltd, the parent company of China’s biggest gay dating app Blued, submitted a prospectus to the US Securities and Exchange Commission.
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The dating app helping gay Chinese men banish the blues — and AIDS
Hua Ruobin started using Blued two years ago to meet other gay men in China, setting up weekend dinners or dates in karaoke bars. The gay dating app has been a godsend for Hua, allowing the university student in the southern city of Guangzhou to privately contact Chinese men seeking same-sex companionship. Blued is the brainchild of Ma Baoli, 36, a former policeman who quit his job to play Cupid to millions of gay men in China.
As with other dating apps, users can scan profiles, chat privately with the potential Mr Right or hang out in a group chatroom.
To that end, it entered into a letter of intent in June for a potential equity investment to acquire a Chinese lesbian dating app. As of March, Blued.
Blued is currently the largest gay social network app in the world. The application is available on Android and iOS. In , when his superiors discovered the website, Geng Le lost his family and job. Committed to the legitimisation of same-sex relationships in China, he created Blued, the first gay social network app. Today, Blued employs over staff at its headquarters in Beijing, China, and has recently opened new offices in London, UK, and India to overview the rapid expansion of the app overseas.
Within 4 years, Blued has become the largest gay social network in the world with over 27 million registered users. From Wikipedia, the free encyclopedia. This article is missing information about Ownership. Please expand the article to include this information. Further details may exist on the talk page. March Human sexuality portal Internet portal Society portal.
Plan for Nasdaq listing comes despite rising scrutiny of China issues. Securities and Exchange Commission on Tuesday. BlueCity’s move comes as U.
22 votes, 15 comments. BlueCity, best-known for its dating app Blued, made history as the world’s first gay social network to become a .
A few days ago, I warned my wife that the experiment I was about to engage in was entirely non-sexual, lest she glance over my shoulder at my iPhone. Then I installed the gay hookup app Grindr. I set my profile photo as a cat, and carefully turned off the “show distance” feature in the app’s privacy settings, an option meant to hide my location. A minute later I called Nguyen Phong Hoang, a computer security researcher in Kyoto, Japan, and told him the general neighborhood where I live in Brooklyn.
For anyone in that neighborhood, my cat photo would appear on their Grindr screen as one among hundreds of avatars for men in my area seeking a date or a casual encounter. Within fifteen minutes, Hoang had identified the intersection where I live. Ten minutes after that, he sent me a screenshot from Google Maps, showing a thin arc shape on top of my building, just a couple of yards wide.
In fact, the outline fell directly on the part of my apartment where I sat on the couch talking to him. Hoang says his Grindr-stalking method is cheap, reliable, and works with other gay dating apps like Hornet and Jack’d, too. He went on to demonstrate as much with my test accounts on those competing services. In a paper published last week in the computer science journal Transactions on Advanced Communications Technology, Hoang and two other researchers at Kyoto University describe how they can track the phone of anyone who runs those apps, pinpointing their location down to a few feet.