BlueCity Holdings misses on revenue

Nov. 26, 2021 4:15 AM ETBlueCity Holdings Limited (BLCT)By: Meghavi Singh, SA News Editor
  • BlueCity Holdings (NASDAQ:BLCT): Q3 Adjusted net loss is $9.7M; net loss of $11.5M.
  • Revenue of $41.9M (-9.3% Y/Y) misses by $8.67M.
  • Press Release
  • Monthly active users of BlueCity’s apps reached 7.5M, an increase of 19.3% from the same period in 2020.
  • Total paying users of BlueCity’s apps reached 776K, an increase of 57.1% compared with 494K in the third quarter of 2020.

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