MICO

Newborn Town Announces 2023 Annual Results with a YoY Increase of Nearly 300% in Profit

Retrieved on: 
Friday, March 22, 2024
HK, Muslims, Observation, Networking hardware, Yoy, MICO, Secrecy, Development, Video game

HK), one of the frontrunners of the global social networking and entertainment industry, announced its 2023 annual results on March 21st.

Key Points: 
  • HK), one of the frontrunners of the global social networking and entertainment industry, announced its 2023 annual results on March 21st.
  • The profit attributable to equity shareholders of the company reached RMB513 million, representing a 294% YoY growth.
  • These efforts have led to an over 2x YoY increase in revenue and an over 6x YoY rise in profit.
  • In 2023, Newborn Town officially consolidated the 'diverse-audience social networking business' to start a new chapter exploring this realm.

Newborn Town Hosted MICO GALA and Rewarded Top Content Creators all around the World

Retrieved on: 
Friday, March 10, 2023
Multimedia, Philippines, Download, App Store (iOS/iPadOS), Social media, THAI, Language, Human, TUK, Networking hardware, MICO, Mobile phone, Nightclub, Online shopping

HONG KONG, March 10, 2023 /PRNewswire/ -- Newborn Town's social networking platform MICO held MICO GALA in several countries and regions to recognize and celebrate the success of content creators worldwide.

Key Points: 
  • HONG KONG, March 10, 2023 /PRNewswire/ -- Newborn Town's social networking platform MICO held MICO GALA in several countries and regions to recognize and celebrate the success of content creators worldwide.
  • The first MICO GALA was hosted by MICO Vietnam, with local singer Tracy Cutie and more than 130 top content creators in attendance.
  • On 17 Feb 2023, MICO GALA EGYPT 2022 was held in Cairo, celebrating the achievements of MICO's MENA content creators, agencies, and supporters.
  • The climax came with the voting of MICO girls, and MICO THAI awarded the annual outstanding content creators, ending the night with happy anniversary cheers.

NewbornTown 2022 Chronicle: Footprints around the World

Retrieved on: 
Wednesday, January 18, 2023
Metaverse, Music, Economics, TUK, GIC, Conference, Cancer, Belt, Thought, Food, Social media, Sustainable development, Attention, Philippines, MICO, CCTV, Center for China and Globalization, ESG, Google Play, Employment, Social, Food bank, China Daily, 10 years, Foreign direct investment, N95, CCG, Poverty, People's Daily, Development studies, Book, Li Ping, Investment, Mercer (consulting firm), Children's Day, Bloomberg Businessweek, COVID-19, BlueCity, Yumi Matsutoya, Social responsibility, Dimensional Fund Advisors, Rapping, International Children's Festival, Video game, Mobile phone, Pharmaceutical industry, Medical device, Film, Renewable energy, NewBornTown, Science, Nikkei, Yoho

In February 2022, MICO, a social networking platform of NewbornTown, held its Annual Ceremony in Cairo, the capital of Egypt.

Key Points: 
  • In February 2022, MICO, a social networking platform of NewbornTown, held its Annual Ceremony in Cairo, the capital of Egypt.
  • In April 2022, NewbornTown held the first social networking industry media gathering in Egypt, inviting dozens of mainstream media to attend.
  • In September 2022, NewbornTown was awarded the Excellent Cases of Science and Technology Promoting SDGs Awards 2022 by Technology for Sustainable Development Goals Alliance for Aisa (Tech4SDG).
  • In December 2022, NewbornTown was awarded "Investors' Most Watched Listed Company 2022" by Huashengtong, a stock trading information platform, at the annual Huashengtong Community Awards.

NewbornTown releases unaudited annual operating figures of 2022, achieving steady growth with localized operations

Retrieved on: 
Tuesday, January 17, 2023
Holiday, Social, Social media, MICO, Food bank, NewBornTown, Sport, Google Play, Growth, SEHK, Ecology, Merge, Maus, Airline, Video game, Renewable energy

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.

Key Points: 
  • 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.
  • The achievement of the revenue target is mainly due to the rapid growth of the Company's core social networking business.
  • Focusing on global users' needs, NewbornTown continued to build diversified social products in each market with strengthened localized operations.
  • In 2022, the Company continued to expand its localized operations in the MENA region and deeply integrated into the local societies.

Apps like Tinder are changing from dating tools to party places as more people enjoy the single life

Retrieved on: 
Saturday, January 21, 2023
Social, Social media, Face, Meta, Limited Edition, Culture, Friends, Internet, Non-fungible token, Gene, Voice – Social Democracy, Woman, Growth, Socialization, Bumble, IMVU, Human, Exploration, Match Group, Online shopping, Mobile phone, Video game, MICO, Hyperconnectivity, TikTok, Yoho, Tinder

Over the past few years, especially during the pandemic, it has become a trend to enjoy staying single.

Key Points: 
  • Over the past few years, especially during the pandemic, it has become a trend to enjoy staying single.
  • Instead of searching in dating apps aimlessly, people are more inclined to live with elegance and confidence before meeting the right person.
  • Dating apps like Tinder are actively incorporating interactive and immersive features to attract users to congregate.
  • It can be said that social apps are evolving from a dating tool for two to a gathering place for all.

ShineGlobal Social Networking Market Report 2022: ByteDance, Match Group, NewbornTown & More Lead Industry Trends

Retrieved on: 
Tuesday, January 17, 2023
Bigo Live, Social, Match Group, Social media, Sociality, MICO, Haidilao, OkCupid, MX, NewBornTown, Weplay, Partnership, Social networking service, Social game, Marketing, Essence, Growth, League, Report, Disease, Concentration (card game), Immersion, Perception, ByteDance, App store, Acquisition, Traction, Fish in a Bottle, Business, Online shopping, Video game, Mobile phone, Hyperconnectivity, TikTok, Tinder

Recently, ShineGlobal, a global industry think tank, released the "Global Audio and Video Social Networking Market Report 2022" which provides a detailed overview of the global audio and video social networking market size, market segmentation in 2022, and the industry development trends in 2023.

Key Points: 
  • Recently, ShineGlobal, a global industry think tank, released the "Global Audio and Video Social Networking Market Report 2022" which provides a detailed overview of the global audio and video social networking market size, market segmentation in 2022, and the industry development trends in 2023.
  • The growth rate of audio and video social far exceeds the overall growth rate of online social market.
  • It is expected that by 2024, the overall size of the global social media market will reach US$300 billion, of which the audio and video social market size is US$181.3 billion.
  • Video social is expected to reach US$128.7 billion, accounting for 42.8%; audio social is expected to reach US$52.6 billion, accounting for 17.5%.

Newborn Town releases operating figures for the first three quarters of 2022, with a growth of 36% YoY of social networking business revenue

Retrieved on: 
Thursday, October 20, 2022
Growth, Ecology, Social, YouTube, RMB, Google, Google Play, Music, Company, Maus, Social media, Interview, Yoy, Internet, TikTok, MICO, Video game, Renewable energy, Yoho

With social networking as its core business, the Company has built a portfolio including MICO, an open social app, YoHo, a voice-based social app, and Yumy, a video-matching social app.

Key Points: 
  • With social networking as its core business, the Company has built a portfolio including MICO, an open social app, YoHo, a voice-based social app, and Yumy, a video-matching social app.
  • Led by refined games, revenue from the innovation business is expected to reach RMB 150 to 170 million.
  • Monthly active users (MAUs) of its social networking business rose steadily to 23.5 million in the third quarter, up 15% YoY.
  • Newborn Town kept up its steady up-scaling under the "high-quality growth" strategy in the third quarter, with MAUs of social networking products growing for eleven consecutive quarters.

Newborn Town releases its 2022 Interim Results; Breakthrough in core social networking business, accelerated diversified growth

Retrieved on: 
Tuesday, August 30, 2022
Yoy, Merge, EBITDA, USD, MICO, RMB, Mark (given name), Company, Social, Organic, Yumi Matsutoya, Efficiency, Growth, Industry, Empowerment, AI, Marketing, Social media, Video game, Online shopping, Public relations, Metaverse, Longterm Mentality, Yoho

HONG KONG, Aug 30, 2022 - (ACN Newswire) - On August 25, Newborn Town Inc. (9911.HK) released its 2022 interim results.

Key Points: 
  • HONG KONG, Aug 30, 2022 - (ACN Newswire) - On August 25, Newborn Town Inc. (9911.HK) released its 2022 interim results.
  • Its social networking revenue reached RMB 1,266 million, a growth of 52.4% YoY, indicating a steady breakthrough in the core business.
  • Newborn Town has long focused on global open social networking, and has built an audio and video social networking product matrix, including MICO, an open social platform, YoHo, an audio-based social product, and Yumy, a video-matching social product.
  • With years of experience in exploring global markets as well as audio and video technology, Newborn Town has distilled a "replicable" model for its social networking business.

Newborn Town releases its 2022 interim results, indicating a breakthrough in core social networking business and accelerated diversified growth

Retrieved on: 
Friday, August 26, 2022
Yoy, EBITDA, USD, MICO, RMB, Mark (given name), Company, Social, Organic, Yumi Matsutoya, Efficiency, Growth, Industry, Empowerment, AI, Marketing, Social media, Video game, Online shopping, Public relations, Metaverse, Longterm Mentality, Yoho

In the first half of the year, the Company's successful model of social networking business continued to be replicated around the world.

Key Points: 
  • In the first half of the year, the Company's successful model of social networking business continued to be replicated around the world.
  • Its social networking revenue reached RMB 1,266 million, a growth of 52.4% YoY, indicating a steady breakthrough in the core business.
  • Newborn Town has long focused on global open social networking, and has built an audio and video social networking product matrix, including MICO, an open social platform, YoHo, an audio-based social product, and Yumy, a video-matching social product.
  • With years of experience in exploring global markets as well as audio and video technology, Newborn Town has distilled a "replicable" model for its social networking business.

MICO Tequila Graduates from LibDib to RNDC for Spirits Distribution

Retrieved on: 
Wednesday, August 17, 2022
Technology, Wine & Spirits, Transport, Software, Restaurant, Bar, Logistics, Supply Chain Management, Retail, Supply Chain Management, Online Retail, Maker, CEO, Technology, Growth, YouTube, District, Wine, LLC, Corporate communication, MICO, Instagram, Twitter, Program, Energy drink, Partnership, CBD, LinkedIn, RTD, Management, Online shopping, Restaurant, Facebook

RNDC and LibDib today announced that MICO Tequila has graduated from wholesale distribution with LibDib to RNDC.

Key Points: 
  • RNDC and LibDib today announced that MICO Tequila has graduated from wholesale distribution with LibDib to RNDC.
  • MICO products including Blanco, Reposado, Aejo, Extra Aejo, and RTD tequila seltzers, are now being distributed with RNDC in California.
  • We are thrilled to welcome MICO Tequila into the RNDC family, said Nick Mehall, President and CEO of RNDC.
  • Like MICO, wine and spirits brands can start with LibDib, grow their footprint and expand their sales strategy.