BEIJING, Feb. 23, 2022 /PRNewswire/ -- Tarena International, Inc. (NASDAQ:TEDU) ("Tarena" or the "Company"), a leading provider of adult professional education and childhood & adolescent quality education services in China, today announced that Mr. Shengwen (Roy) Rong has been appointed as an independent director of the board of directors of the Company (the "Board"). Mr. Rong has also been appointed as the chairman of the audit committee of the Board, as well as a member of the compensation committee and the nominating and corporate governance committee. Mr. Arthur Lap Tat Wong will no longer serve as a director after the current term expires, which did not result from any disagreement with

BEIJING, Jan. 10, 2022 (GLOBE NEWSWIRE) -- BlueCity Holdings Limited ("BlueCity" or the "Company") (NASDAQ:BLCT), a leading online LGBTQ platform, today announced that the independent special committee (the "Special Committee") of the Company's board of directors (the "Board"), formed to evaluate and consider the previously announced preliminary non-binding proposal letter dated on January 2, 2022 (the "Proposal"), has retained Duff & Phelps as its financial advisor and Skadden, Arps, Slate, Meagher & Flom as its U.S. legal counsel. The Special Committee is continuing its review and evaluation of the Proposal. The Board cautions the Company's shareholders and others considering trading th

New report offers comprehensive look at LGBTQ platform's environmental, social and governance philosophy and efforts across wide-ranging areas Among BlueCity's noteworthy accomplishments in 2020 was its efforts to combat COVID-19 and HIV in countries around the world In 2020, BlueCity improved diversity in its workplace and user satisfaction for its Blued app, and reduced its carbon footprint BEIJING, Dec. 8, 2021 /PRNewswire/ -- BlueCity (NASDAQ:BLCT), a world-leading LGBTQ platform that provides a comprehensive suite of services aimed at fostering connection and enhancing the well-being of its global community, today released its 2020 ESG report. The new report offers a comprehensive loo

BEIJING, Nov. 26, 2021 (GLOBE NEWSWIRE) -- BlueCity Holdings Limited ("BlueCity" or the "Company") (NASDAQ:BLCT), a leading online LGBTQ platform, today announced its unaudited financial results for the third quarter ended September 30, 2021. Third Quarter 2021 Highlights Total revenues reached RMB270.0 million (US$41.9 million), a decrease of 9.3% from the same period in 2020. Net loss was RMB73.8 million (US$11.5 million), compared with net loss of RMB137.8 million in the third quarter of 2020. Adjusted Net Loss1 (Non-GAAP) was RMB62.2 million (US$9.7 million), compared with adjusted net income (non-GAAP) of RMB7.3 million in the third quarter of 2020.Monthly active

NEW YORK, Nov. 19, 2021 /CNW/ - Deutsche Bank today announced that the presentations from the November 16th and 17th  Depositary Receipts Virtual Investor Conference ("dbVIC") are now available for on-demand viewing. The event featured presentations from international companies with American Depositary Receipt (ADR) programs in the US. Representatives from participating companies based in Australia, China, Germany, France and the UK presented their equity stories and answered audience questions. The presentations are targeted to all types of investors as well as analysts interested in non-US companies. To log in, please use the following link: www.adr.db.com/dbvic  The company presentations

NEW YORK, Nov. 19, 2021 /PRNewswire/ -- Deutsche Bank today announced that the presentations from the November 16th and 17th  Depositary Receipts Virtual Investor Conference ("dbVIC") are now available for on-demand viewing. The event featured presentations from international companies with American Depositary Receipt (ADR) programs in the US. Representatives from participating companies based in Australia, China, Germany, France and the UK presented their equity stories and answered audience questions. The presentations are targeted to all types of investors as well as analysts interested in non-US companies. To log in, please use the following link: www.adr.db.com/dbvic  The

BEIJING, Nov. 19, 2021 (GLOBE NEWSWIRE) -- BlueCity Holdings Limited ("BlueCity" or the "Company") (NASDAQ:BLCT), a world's leading online LGBTQ platform, today announced that it will report its third quarter 2021 unaudited financial results on Friday, November 26, 2021, before the U.S. market opens. BlueCity's management team will host an earnings conference call at 8:00 AM on Friday, November 26, 2021, U.S. Eastern Time (9:00 PM on November 26, 2021, Beijing/Hong Kong Time). Please register in advance of the conference using the link provided below. Conference access information will be provided upon registration. Participant Online Registration: http://apac.directeventreg.com/r

BEIJING, Nov. 11, 2021 /PRNewswire/ -- BlueCity (NASDAQ:BLCT) based in Beijing, China, and focused on providing a comprehensive suite of services to foster connections and enhance the wellbeing of the LGBTQ community, today announced that BlueCity, CSO Alfred Ying will present at the dbVIC - Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on November 16th.  This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to investors. DATE:  November 16, 2021TIME:   10:00 AM ETLINK:    https://bit.ly/2Y67eus This will be a live, interactive online event where investors are invited to ask the company questions in real-time - b

NEW YORK, Nov. 11, 2021 /PRNewswire/ -- Deutsche Bank today announced the lineup for its Depositary Receipts Virtual Investor Conference ("dbVIC") on Tuesday, November 16 and Wednesday, November 17, featuring live webcast presentations from international companies with American Depositary Receipt (ADR) programs in the US.  Representatives from participating companies based in Australia, China, Hong Kong, Germany, France and the UK will respond to questions during formal presentations, and will also interact with investors via virtual trade booths. The conference is targeted to all categories of investors and analysts interested in non-US companies. There is no fee for participants to log i

BEIJING, Nov. 1, 2021 /PRNewswire/ -- BlueCity Holdings Limited ("BlueCity" or the "Company") (NASDAQ:BLCT), a world's leading online LGBTQ platform, today announced the appointment of Mr. Guojie Shi as a new independent director to its board of directors (the "Board") and a member of the Board's compensation committee (the "Compensation Committee"), effective immediately. Ms. Rong (Ruby) Lu has recently resigned from her positions as an independent director, a member of the audit committee (the "Audit Committee") and the chairperson of the Board's Compensation Committee. Ms. Lu's resignation is not a result from any disagreement with the Company. After the changes, the Board will continue t

BlueCity Holdings Limited ("BlueCity" or the "Company") (NASDAQ:BLCT), a leading online LGBTQ platform, today announced that at an extraordinary general meeting of shareholders held today, the Company's shareholders voted in favor of, among other things, the proposal to authorize and approve the previously announced Agreement and Plan of Merger (the "Merger Agreement"), dated as of April 30, 2022, among the Company, Multelements Limited (the "Parent"), and Diversefuture Limited, a wholly-owned subsidiary of Parent (the "Merger Sub"), pursuant to which the Merger Sub will be merged with and into the Company, with the Company being the surviving company and becoming a wholly-owned subsidiary o

Gainers Better Therapeutics, Inc. (NASDAQ:BTTX) shares surged 120.4% to close at $2.01 on Monday following a 5% drop on Friday. SoundHound AI, Inc. (NASDAQ:SOUN) shares surged 68.5% to settle at $10.95 on Monday after tumbling 13% on Friday. SoundHound had their IPO on Thursday. Forge Global Holdings, Inc. (NASDAQ:FRGE) jumped 44.3% to close at $27.28. Redbox Entertainment Inc. (NASDAQ:RDBX) jumped 42.6% to close at $8.53 on Monday. Redbox recently reported CFO transition. SOS Limited (NYSE:SOS) gained 39.7% to close at $0.59 after the company reported FY21 sales of $358.042 million, versus $50.317 million In FY20. Blue Apron Holdings, Inc. (NYSE:APRN) shares rose 33.8% to close at

Gainers Redbox Entertainment Inc. (NASDAQ:RDBX) climbed 64.9% to $9.86. Redbox recently reported CFO transition. SoundHound AI, Inc. (NASDAQ:SOUN) shares gained 30.5% to $8.48 after tumbling 13% on Friday. SoundHound had their IPO on Thursday. Blue Apron Holdings, Inc. (NYSE:APRN) shares gained 30.1% to $3.93 after the company announced a $70.5 million planned capital infusion through debt and equity financings. Better Therapeutics, Inc. (NASDAQ:BTTX) shares jumped 26.2% to $1.1507 following a 5% drop on Friday. Accolade, Inc. (NASDAQ:ACCD) gained 19.1% to $6.62 after Wells Fargo upgraded the stock from Underweight to Equal-Weight and announced a $6 price target. Hilltop Holdings In

  Gainers Fangdd Network Group (NASDAQ:DUO) shares rose 17.9% to $0.33 during Monday's pre-market session. The market value of their outstanding shares is at $27.0 million. BlueCity Holdings (NASDAQ:BLCT) shares moved upwards by 12.69% to $1.42. The company's market cap stands at $53.2 million. Creatd (NASDAQ:CRTD) stock rose 9.35% to $0.9. The company's market cap stands at $17.9 million. Lizhi (NASDAQ:LIZI) stock rose 9.23% to $1.42. The company's market cap stands at $71.9 million. Cinedigm (NASDAQ:CIDM) shares moved upwards by 7.59% to $0.75. The market value of their outstanding shares is at $131.2 million. LiveOne (NASDAQ:LVO) shares moved upwards by 7.35% to $0.73. The market

Gainers SoundHound AI, Inc. (NASDAQ:SOUN) rose 64.3% to $10.68 in pre-market trading after tumbling 13% on Friday. SoundHound had their IPO on Thursday. Better Therapeutics, Inc. (NASDAQ:BTTX) shares rose 53.5% to $1.40 in pre-market trading following a 5% drop on Friday. Luokung Technology Corp. (NASDAQ:LKCO) rose 23% to $0.6026 in pre-market trading. BlueCity Holdings Limited (NASDAQ:BLCT) rose 14.2% to $1.44 in pre-market trading as the company entered into definitive agreement for going-private transaction. Missfresh Limited (NASDAQ:MF) rose 10.1% to $0.5680 in pre-market trading after tumbling around 28% on Friday. Fangdd Network Group Ltd. (NASDAQ:DUO) rose 9.3% to $0.3060 i

Online LGBTQ platform BlueCity Holdings Limited (NASDAQ:BLCT) has entered into a merger agreement to be acquired by a buyer group in an all-cash transaction, implying an equity value of $60 million for all shares. The proposed purchase price is $3.20 per ordinary share or $1.60 per ADS in cash.  Also Read: Why BlueCity Holdings Stock Is Trading Higher Today The per ADS merger consideration represents a premium of 16.8% to the closing price on April 14, the last trading day before BlueCity announced its receipt of the revised "going-private" proposal. The buyer group comprising Baoli Ma, Metaclass Management ELP, and the CDH Entities look to fund the merger with rollover equity and cash

- BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ:BLCT), a leading online LGBTQ platform, today announced that its Board of Directors (the “Board”) has received a preliminary non-binding proposal letter dated April 18, 2022 (the “Proposal Letter”) from Mr. Baoli Ma (the “Founder”) and Metaclass Management ELP, an affiliate of Spriver Tech Limited (“Sponsor,” and together with the Founder, the “Buyer Group”), with respect to the proposed “going-private” transaction (the “Proposed Transaction”) wherein the Buyer Group proposes to acquire all of the outstanding ordinary shares of the Company (the “Ordinary Shares”), including the Class A ordinary shares represented by the Americ

BlueCity Holdings (NASDAQ:BLCT) reported $38.20 million in sales this quarter. This is a 10.60 percent decrease over sales of $42.73 million the same period last year.