CGTN – Aug 26 – BlueCity, China's leading online LGBTQ platform, saw a 32.2% increase in total revenue YOY, with its net loss significantly improved. The Q2 revenue was 247.4M yuan ($35M). Q2 net loss was 3.3M yuan ($479K), a significant improvement compared with a net loss of 12.2M yuan ($1.8M) in Q2 2019. Monthly active users (MAUs) on the Blued mobile app reached 6.4M, up 11.2% YOY.
