NewBornTown

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NewBornTown
Native name
赤子城
TypePublic
SEHK:9911
IndustryMobile apps, Mobile gaming, Social Networking
Founded2009
Headquarters
Beijing
,
China
Key people
Liu Chunhe (founder, CEO)
ProductsSolo Launcher,MICO,YoHo
Websitewww.newborntown.com/en/

NewBornTown (赤子城) is a Chinese mobile internet company headquartered in Beijing, China, founded by Liu Chunhe with co-founder Li Ping. It is known as the developer of Solo Launcher, Solo AppLock, and Solo Lock.[1][2]

In 2020, Newborn Town put forward "Traffic+" strategy. Based on global user ecosystem, Newborn Town conntemporarily concentrates on vertical fields like game and social networking app development.[3] By focusing on open social networking field, Newborn Town creates warm and rich social networking entertainment life for global users with multiple social networking patterns such as video, audio and game.[4]

History[]

2009

Newborn Town was founded in 2009 when the founder Liu Chunhe started his business as a mobile app developer.[5]

2013

In May 2013, Newborn Town launched its first mobile app Solo Launcher, which served as a user interface for Android device users and was designed to provide a simpler and faster user experience with their devices.

2014

In June 2014, NewBornTown finished its angel round of funding with millions of RMB from Plum Venture and Mingming Huang.

In October 2014, Newborn Town entered the mobile advertising industry and built programmatic mobile advertising platform Solo Math from then on.

2016

In June 2016, Newborn Town launched proprietary AI engine Solo Aware.

2019

In July 2019, NewBornTown announced its intention to go public on the Hong Kong Stock Exchange in a move to raise an additional $100 million. The company managed 40 applications and claimed 670 million users in 200 countries.[6][7]

On December 31, 2019, the company raised HK$175 million ($22.51 million) in an initial public offering (IPO) in Hong Kong, after its retail tranche became 1,440 times oversubscribed.[8]

2020

In 2020, Newborn Town put forward "Traffic+" strategy and concentrated on game and social networking fields.[9]

In June 2020, Newborn Town acquired MICO and has accumulating up to 1.13 billion users up to now.

Products[]

MICO

MICO, the representative of Newborn Town's live-streaming social networking products matrix, is a comprehensive global open social platform which provides tons of International live streams for users.[10] Contemporarily, MICO ranks first in most downloaded App Store social networking apps in 71 countries and regions globally, and is on the list of top 10 most downloaded Google Play social networking apps in 84 countries and regions. In 2020, MICO began to make an increasingly indispensable impact in mature market and entered the list of top 20 best-selling social networking apps in the US.

YoHo

YoHo is the representative of Newborn Town's audio social networking products matrix, and the main form of its social interaction is voice-chat room.[11] YoHo is now one of the top 2 audio social networking platforms in the Middle East, and has broken into top 10 best-selling Google Play apps in six Gulf States (GCC). Up to now, YoHo has been on the list of top 10 best-selling Google Play social networking apps in 32 countries and regions in total, including the United States, Sweden, France, Belgium, etc.

Awards[]

  • 2015: Best Apps of 2015,Top Developer by Google Play[9]
  • March 2016: Best Overseas Development Company by ChinaBang[12]
  • April 2016: ZhongGuanCun Star Venture Company and Most Promising Globalization Platform by GMIC together with UCWeb.
  • 2019: Hurun China Future Unicorns 2019 list
  • 2020: 50 Most Innovative Companies in China 2020 by Fast Company[13]

See also[]

References[]

  1. ^ "Solo Launcher-Clean, Smooth, DIY".
  2. ^ "Company Profile: NewbornTown". NewBornTown.
  3. ^ "Home Page of Newborn Town".
  4. ^ "Social Networking of Newborn Town".
  5. ^ https://www1.hkexnews.hk/app/sehk/2019/2019062812/a20505/cnti-20190628-16.pdf
  6. ^ Zhang Yushuo (2 July 2019). "Chinese Appmaker Newborn Town to List in Hong Kong". Yicaiglobal.com. Retrieved 10 September 2019.
  7. ^ "Newborntown launches IPO". Volanews.com. 3 July 2019. Retrieved 10 September 2019.
  8. ^ "Scarcity of listed AI firms propelled Newborn Town's HK IPO outing".
  9. ^ a b "About The Newborn Town".
  10. ^ "MICO: Make Friends, Live Chat and Go Live Stream - Apps on Google Play". play.google.com.
  11. ^ "YoHo: Meet Your Friends in Voice Chat Room - Apps on Google Play". play.google.com.
  12. ^ "The Winners Of The 2016 ChinaBang Awards For Innovation In China Tech". Technode.
  13. ^ "Newborn Town Inc. was Awarded as one of the 50 Most Innovative Companies in China 2020 by Fast Company". FinanzNachrichten.de.
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