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. NewBornTown has completed 3 acquisitions, including Blue City, LeadHUG and Mico.
- Headquarter Beijing, China
- Employees 1,570
- Founders Carl Huang, Li Ping
- Stage Public
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website newborntown.com
- Social LinkedIn X Facebook
- Legal Name Newborn Town Inc.
- Annual Revenue$959.64 M (USD)35.34as on Dec 31, 2025
- Net Profit$129.75 M (USD)94.62as on Dec 31, 2025
- EBITDA$142.6 M (USD)24.76as on Dec 31, 2025
- Total Equity Funding$2M (USD)
in 2 rounds
- InvestorsPlum Ventures
& 1 more
- Employee Count1,570
- Investments & AcquisitionsBlue City
& 2 more
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.
- Total Funding $2M
- Total Rounds 2
- First Round $2M
(Jun 2014)
- Investors Count 2
All 2 funding rounds of NewBornTown with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2016 | – | Series D | – | – | – |
| Jun 2014 | $2M | Angel Round | – | – |
2 investors in total: 2 institutional.
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 |
|---|---|---|---|---|
Plum Ventures is recognized as a leading early-stage investment firm in China. | – | plumventures.cn | Changzhou, China | |
Early-stage tech and offline companies in China are funded. | – | future-cap.com | Beijing, China |
Investor details for NewBornTown
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People of NewBornTown
2 people are tracked at NewBornTown (2 in leadership); the tracked headcount is 1,570.
| Name | Role | Group |
|---|---|---|
Carl Huang | Co-Founder | Leadership |
Li Ping | Co-Founder & COO | Leadership |
Complete people profiles for NewBornTown
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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.
- IPO date31 Dec 2019
- Listed onHKG: 9911
- Listed entityNewborn Town Inc.
- Exchange sectorTechnology services
- ISINKYG6464H1011
- Share price9.48 HKD (+4.69% on the day) · 2026-10-09
- Market capitalisation12,687,066,300.00 HKD
- Price to earnings21.4
- EPS (diluted, trailing year)0.44 HKD
- Volume (last session)6,110,617
Financials of NewBornTown
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 7.47B HKD | 1.01B HKD | 1.11B HKD |
| 2024 | 5.52B HKD | 520.8M HKD | 888.8M HKD |
| 2023 | 3.66B HKD | 566.7M HKD | 689.6M HKD |
| 2022 | 3.26B HKD | 151.3M HKD | 358.1M HKD |
| 2021 | 2.84B HKD | -345.0M HKD | -393.9M HKD |
Detailed financial statements 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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online services for LGBTQ community well-being are offered. | bluecity.com | Chaoyang, China | 2011 | Aug 2023 | •••• | |
A social platform for meeting and chatting with others. | micous.com | Hong Kong, China | 2015 | Jul 2020 | •••• | |
Performance ad network operated on CPA model with multiple formats. | leadhug.com | Beijing, China | 2013 | Dec 2015 | •••• |
Complete acquisition details for NewBornTown
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Timeline of NewBornTown
7 dated milestones of NewBornTown across 14 years, from founding to its latest funding, stage changes and deals.
Web traffic of NewBornTown
The website of NewBornTown (newborntown.com) receives about 2.1K visits a month.
- Monthly visits2.1K
▼ 16.1% vs previous month
Latest news on Newborntown
Complete news archive for NewBornTown
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Similar companies to NewBornTown
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| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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App studio for consumer focussed photo & video apps | 2010 | Tokyo, Tokyo, Japan | USD 4.07 M | – | – | |
Mobile content services, including music, are provided across APAC. | 2000 | Bengaluru, Karnataka, India | USD 46.3 M | USD 55.1 M | 397 | |
Peak is recognized for developing brain training mobile applications. | 2012 | London, England, United Kingdom | USD 8.2 M | – | – | |
Security products for mobile and desktop devices are provided. | 2010 | Beijing, China | – | USD 160.04 M | 934 | |
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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. The company's 1st funding round was a Angel Round of $2M, raised on Jun 2014.
NewBornTown has 1,570 employees.
Annual revenue of NewBornTown is $959.64M as on Dec 31, 2025.
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.