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Chinese Social Media Platform Soul Files for Public Listing in Hong Kong_?

July 1, 2022
Source: ifeng.com ifeng.com
News Snapshot:
Image Source: Visual China Beijing, June 30 (TMTPOST) – Chinese social media platform Soul’s owner, Soulgate, filed for public listing in Hong Kong on Thursday. Soul is a leading social media platform in China in terms of both monthly and daily active users. As of 2021, Soul had around 31.6 million monthly active users and 9.3 million daily active users, registering year-on-year growth of 51.6% and 55.8%. In 2021, 74.9% of Soul’s monthly active users were Gen-Z users. In 2021, Soul’s three-month user retention rate was 79.1%. Every Soul user spent around 45.3 minutes on the social media platform every...
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Tags: app | Beijing | China | Chinese | commission | currency | Hong Kong | IT | KONG | listing | loss | media | Metaverse | nasdaq | platform | Renminbi | Securities and Exchange Commission | social media | stock market | Three | United States | user | Visual China | Yuan

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