Chinese social media firm NewBorn Town is planning to set up a $100 million fund with an aim to privatise Nasdaq-listed BlueCity Holdings — the operator of Blued, the country’s biggest LGBTQ dating app. The move will also help to up NewBorn Town’s stake in the global social networking and mobile gaming market.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
