By Amber Deter The BlueCity Holdings IPO was filed in June 2020. After a wave of IPOs brought the IPO market back, BlueCity hopes to join in the success. Technology IPOs in the past year returned 59%. Now, investors are looking to invest in BlueCity stock.
But is BlueCity a good investment? Here’s what we know…
BlueCity Holdings IPO: The Business
Policeman Baoli Ma founded an LGBTQ online forum called Danlan.org in 2000. For the next 11 years, he promoted social awareness and connectivity in the LGBTQ community as well as HIV awareness and prevention. In 2011, Ma resigned from his career as a cop. He …read more