China’s biggest gay dating app’s owner BlueCity is focused on expanding in Asia, its founder said on Wednesday after it made its Nasdaq debut despite a U.S. securities regulator warning against investments in Chinese firms.
BlueCity, which says its Blued app already has the largest market share in China, India, South Korea and Vietnam, raised $84.8 million in an initial public offering which valued the Beijing-based company at $614 million.
