About NewBornTown
NewBornTown is a company based in Beijing (China) founded in 2009 by Carl Huang and Li Ping. NewBornTown has raised $2 million across 2 funding rounds from investors including Plum Ventures and Future Cap. The company has 1,570 employees as of December 31, 2024. NewBornTown has completed 3 acquisitions, including Blue City, LeadHUG and Mico.
- Headquarter Beijing, China
- Employees 1570 as on 31 Dec, 2024
- Founders Carl Huang, Li Ping
- Stage Public
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Sectors
Technology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Newborn Town Inc.
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Annual Revenue
$710.74 M (USD)51.03as on Dec 31, 2024
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Net Profit
$67.05 M (USD)-8.1as on Dec 31, 2024
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EBITDA
$114.45 M (USD)28.89as on Dec 31, 2024
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Total Equity Funding
$2 M (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
Plum Ventures
& 1 more
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Employee Count
1570
as on Dec 31, 2024
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Investments & Acquisitions
Blue City
& 2 more
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IPO & Listings of NewBornTown
NewBornTown is a publicly listed company on the HKEX with ticker symbol 9911 in Hong Kong, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of NewBornTown
NewBornTown has successfully raised a total of $2M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in NewBornTown
NewBornTown has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Plum Ventures and Future Cap.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Plum Ventures is recognized as a leading early-stage investment firm in China.
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Locked | Locked | Locked | |
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Early-stage tech and offline companies in China are funded.
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Locked | Locked | Locked |
Investor details for NewBornTown
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Investments & Acquisitions by NewBornTown
NewBornTown has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Blue City, LeadHUG and Mico.
Investment portfolio details for NewBornTown
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- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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A social platform for meeting and chatting with others.
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Locked | Locked | 2015 | Locked | |
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Performance ad network operated on CPA model with multiple formats.
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Locked | Locked | 2013 | Locked | |
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Online services for LGBTQ community well-being are offered.
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Locked | Locked | 2011 | Locked |
Complete acquisition details for NewBornTown
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- Acquired stakes
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - NewBornTown
Detailed financials for NewBornTown
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Newborntown Comparisons
Peer comparison for NewBornTown
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Competitors of NewBornTown
Detailed competitors of NewBornTown
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Latest news on Newborntown
Complete news archive for NewBornTown
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Frequently Asked Questions about NewBornTown
NewBornTown was founded in 2009 and raised its 1st funding round 5 years after it was founded.
NewBornTown is headquartered in Beijing, China.
NewBornTown is a funded company, having raised a total of $2M across 2 funding rounds to date.
As of Dec 31, 2024, the latest employee count at NewBornTown is 1,570.
Annual revenue of NewBornTown is $710.74M as on Dec 31, 2024.
Mobile app studio developing personalization apps. Some of the apps developed by the company include a solo launcher- an app to clear RAM and download wallpapers and themes, solo notifier- an Android launcher app, solo appLock- an app for locking applications, and Solo Weather-a weather forecasting application. Furthermore, the company offers solutions for advertising and digital marketing. The apps are available for download from Play Store.
Yes, NewBornTown is publicly traded on HKEX under the ticker symbol 9911.
NewBornTown has 2 investors. Key investors include Plum Ventures, and Future Cap.
The ticker symbol of NewBornTown is 9911 on HKEX.