Newborn Town Selected for Fortune Magazine's China Top 50 Techs List
HONG KONG, Aug. 26, 2024 /PRNewswire/ -- In Fortune magazine's China Top 50 Techs list released on 21st August, Newborn Town was charted due to its remarkable achievements in global business expansion and technological innovation. As one of the most highly influential business publications globa...
Newborn Town's TopTop Gets Featured on the App Store Due to its Deep Dive into MENA Mobile Games Market
HONG KONG, May 31, 2024 /PRNewswire/ -- TopTop, Newborn Town's game-oriented social app, was recently featured by the Apple App Store, reaching out to dozens of countries and regions such asSaudi Arabia, the UAE, Qatar and Oman. TopTop is one of the results of Newborn Town's thorough investigatio...
Newborn Town Announces 2023 Annual Results with a YoY Increase of Nearly 300% in Profit Attributable to Owners and Rise in Second-mover Apps
HONG KONG, March 22, 2024 /PRNewswire/ -- Newborn Town ("Newborn Town"; 9911. HK), one of the frontrunners of the global social networking and entertainment industry, announced its 2023 annual results onMarch 21st. The company's revenue increased solidly in 2023, reaching RMB3,308 million with a...
Newborn Town Gains YoY Increase of over 280% in Profit Attributable to Owners as MENA Market and New Products Become Key Growth Drivers
HONG KONG, March 6, 2024 /PRNewswire/ -- Newborn Town Inc. ("Newborn Town"; 9911. HK) released its positive profit alert for the year ended 31 December on 5 March. The company has continued its growth momentum and achieved a remarkable increase in major indicators. Newborn Town's total revenue f...
Newborn Town Announces 2023 Interim Results, Witnessing Double Profit Growth and Further Improvement in Business Layout
HONG KONG, Aug. 25, 2023 /PRNewswire/ -- Newborn Town Inc. ("Newborn Town";
9911. HK) announced its interim results for the six months ended30 June 2023.
During the first half of 2023, this tech company that eyes global markets has
seen a substantial increase in its major profit indicators.
Newborn Town Sees Profits Doubling YoY for First Half 2023
HONG KONG, Aug. 14, 2023 /PRNewswire/ -- Newborn Town Inc. ("Newborn Town"; 9911. HK), the tech company focused on the global social networking market, released its positive profit alert for the half year ended30 June 2023 on 11 August. According to the announcement, Newborn Town has seen a drama...
Newborn Town Announces 2022 Annual Results: Revenue Rose over 18% YoY and Profit Attributable to the Owners of Company Increased by 145.5%
HONG KONG, March 24, 2023 /PRNewswire/ -- Newborn Town Inc. (9911. HK) announced its 2022 annual results. In 2022, Newborn Town recorded a revenue of RMB 2,800 million, representing a year-on-year ("YoY") increase of 18.6%. Social networking and innovative business revenue reachedRMB 2,557 million...
NewbornTown 2022 Chronicle: Footprints around the World
HONG KONG, Jan. 18, 2023 /PRNewswire/ -- Part 1. Global Performances 1. Yumy's downloads exceeding 50 million As of January 2022, Yumy, a social product of NewbornTown, has accumulated over 50 million downloads, scored 4.9 on Google Play, and received more than 50,000 user evaluations worldwide...
NewbornTown releases unaudited annual operating figures of 2022, achieving steady growth with localized operations
HONG KONG, Jan. 17, 2023 /PRNewswire/ -- On 17 January 2023, the Hong Kong listed company NewbornTown Inc. (SEHK: 9911) released the unaudited operating figures of 2022. For the year ended31 December 2022, the Company's total revenue is expected to reach approximatelyRMB 2,770 to 2,830 million, a...
Newborn Town releases operating figures for the first three quarters of 2022, with a growth of 36% YoY of social networking business revenue
HONG KONG, Oct. 20, 2022 /PRNewswire/ -- On October 19, Newborn Town Inc., a global social networking company (9911.HK), announced its unaudited operating figures for the first three quarters of 2022. Founded in 2009, Newborn Town has been focusing on global markets for nearly ten years. With s...
Newborn Town releases its 2022 interim results, indicating a breakthrough in core social networking business and accelerated diversified growth
HONG KONG, Aug. 26, 2022 /PRNewswire/ -- On August 25, Newborn Town Inc. (9911.HK) released its 2022 interim results. For the six months endedJune 30 2022, the Company's total revenue reachedRMB 1,374 million, up 32.3% YoY; adjusted EBITDA reachedRMB 210 million, up 19.5% YoY; profit attributabl...
Newborn Town releases its positive profit alert of H1 2022, expecting a doubled net profit attributable to the parent company
HONG KONG, Aug. 2, 2022 /PRNewswire/ -- On August 2, Newborn Town Inc. (9911.HK), a company focusing on global social networking markets, released its H1 2022 positive profit alert. The Company expects to record a revenue ofRMB 1,350 to 1,400 million by the end of the first half of the year, up o...
Newborn Town releases H1 2022 operating figures, showing a year-on-year revenue growth of 30%
HONG KONG, July 21, 2022 /PRNewswire/ -- On July 20, Newborn Town Inc., a global social networking company (9911.HK), announced its unaudited operating figures of H1 2022. In the first half of 2022,the Company's revenue is expected to reachRMB 1,350 to 1,400 million, a year-on-year growth of appr...
Newborn Town (SEHK:9911) published 2022 Q1 operating figures: social networking business sees 65% growth in revenue, innovative businesses are ready to go
HONG KONG, April 20, 2022 /PRNewswire/ -- On April 19, Newborn Town (9911.HK) announced its unaudited operating figures for 2022 Q1. The Company's social networking business revenue is expected to reachRMB 625 to 650 million in Q1, up approximately 65% YoY. MAUs of social networking products aver...
NewBorn Town Inc. Announced 2021 Annual Results
Revenue Doubled to RMB 2,359.8 million with Value-added Services Contributing 87.4% Adjusted Net Profit Grew by 99.5% YoY to Reach RMB 309.0 million MAU of Social Business Exceeded 20 million, Striving for Higher Profitability in 2022 HONG KONG, March 31, 2022 /PRNewswire/ -- Newborn Town Inc. ...
Newborn Town (9911.HK) Announced Profit Alert: Revenue and Adjusted Net Income Doubled in 2021
HONG KONG, March 8, 2022 /PRNewswire/ -- Newborn Town (9911.HK), the largest Chinese social networking enterprise going global, released a profit alert on March 8th. The Company expected its revenue and adjusted net profit doubled, while adjusted EBITDA expected to increase significantly. I. Reve...
Newborn Town's Social App Yumy Downloads Surpasses 30 Million in 6 Months, Metaverse Module Added
HONG KONG, Nov. 26, 2021 /PRNewswire/ -- Newborn Town Inc. (09911.HK), a globalized social networking company, said that its video-based social product Yumy downloads has surpassed 30 million, with an increase of over six folds within half a year.Meta Town, a Metaverse module newly included in Yu...
Newborn Town Social Networking Apps Brings New Opportunities for Women Globally
HONG KONG, Nov. 24, 2021 /PRNewswire/ -- Mobile app company Newborn Town (9911.HK) continues to bring new social experiences to mobile users with its social networking platforms MICO and YoHo, especially in theMiddle East. MICO, a social entertainment platform that comes with a host of other soci...
Newborn Town: 2021 is a Year of Global Giving
HONG KONG, Nov. 3, 2021 /PRNewswire/ -- As a global social networking company, Newborn Town Inc.(9911.HK) faces the unique and challenging responsibility of giving back in the dozens of markets worldwide where its products are popular or growing among mobile users. Southeast Asia is just one reg...
Newborn Town (9911.HK) Announced 2021 Interim Results, Revenue Surged by 6 Folds and Former President Mr. Li Ping Appointed as CEO
HONG KONG, Aug. 26, 2021 /PRNewswire/ -- Newborn Town (9911.HK), the largest social-networking company going global inChina, announced its interim results on 25 August 2021. The Group recorded a significant growth in revenue and net profit with rapid development of the social-networking products. ...
