GLOBE NEWSWIRE - BlueCity's total revenues reached RMB270M ($41.9M), up 9.3% YOY. Net loss was RMB73.8M ($11.5M), compared with net loss of RMB137.8M in Q3 2020. Monthly active users of BlueCity's apps reached 7.5M, up 19.3% YOY. Total paying users of BlueCity's apps reached 776K, up 57.1% compared with 494K in Q3 2020. Revenues from live streaming services reached RMB194.2M ($30.1M), down 23.9% YOY. The decrease was primarily due to the decrease in the average spending per paying user for live streaming services as a result of the headwinds in the talent show live streaming industry in China. Revenues from membership services reached RMB35.1M ($5.4M), up 93.1% YOY.
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