Newborn Town Inc.

Newborn Town Inc. is a global technology company founded in 2009, dedicated to creating a social pan-entertainment ecosystem that enables users worldwide to enjoy a better social and entertainment life. The company's mission is to build a content ecosystem where people can connect, have fun, and unleash their creativity. Headquartered in the Hong Kong Science and Technology Parks (HKSTP) since June 2025, Newborn Town also maintains a Beijing office and established a MENA regional headquarters in Riyadh, Saudi Arabia, in November 2024.

The company's portfolio includes a diverse range of social networking applications and casual games. Key products encompass live-streaming platform MICO, audio social platform YoHo, game-oriented social platform TopTop, companion-based social platform SUGO, and LGBTQ+ platforms like HeeSay and Blued (following the acquisition of BlueCity in August 2023). Additionally, Newborn Town operates an innovative business segment that includes quality games, such as "Alice's Dream: Merge Games," and social e-commerce initiatives like Heer Health. The company serves over 1 billion users across more than 150 countries and regions, with a strong market presence in the Middle East, North Africa, and Southeast Asia, while actively expanding into other high-growth markets.

Newborn Town has demonstrated significant growth, reporting a total revenue of RMB 5.09 billion in 2024, a 53.9% year-over-year increase, and estimated Q1 2026 revenue between RMB 2.03 billion and RMB 2.13 billion. This growth is largely attributed to the company's strategic integration of AI technology across its products, including its self-developed multi-model algorithm, Boomiix, which enhances user experience and commercialization efficiency. Led by founder and Chairman Liu Chunhe, the company continues to position itself as a leading global social entertainment provider, with a focus on product innovation, localized operations, and global expansion.