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Newborn Town named to Fortune Magazine’s list of 50 best technology companies in China


Newborn Town named to Fortune Magazine’s list of 50 best technology companies in China

HONG KONG, 26 August 2024 /PRNewswire/ — In Fortune Magazine China top Newborn Town was included in the 50 Techs list released on August 21 for achieving notable success in global business expansion and technological innovation.

Fortune, one of the world’s most influential business publications, launches this list to highlight China-founded companies that are making an impact on the world while driving technological innovation, product operations and a globalized mindset.

Newborn Town named to Fortune Magazine’s list of 50 best technology companies in China

Newborn Town, a leading player in social entertainment, has reached over one billion users worldwide by developing dozens of apps such as MICO, YoHo, TopTop, SUGO, HeeSay and Alice’s Dream to meet the diverse needs of social networking and entertainment in hundreds of countries and regions.

Based on its diverse app portfolio, Newborn Town’s Pan-Audience Social Networking business segment has experienced rapid expansion in its key markets such as the MENA region, driven by strategic localization, sophisticated operational improvements and a consistent focus on improving the user experience.

The company’s LGBTQ+ online community, HeeSay, has continued to gain momentum globally by organizing creative offline events. Meanwhile, Newborn Town’s quality games division has seen a significant upswing, with its flagship title Alice’s Dream: Merge Games securing a spot among Sensor Tower’s 30 top-grossing overseas Chinese mobile games in May and June.

Amid the waves of tech revolution pushing Chinese companies to expand globally, Newborn Town has proactively embraced this evolving landscape by establishing a middle platform mechanism that integrates technological application and product operation to drive the iteration of its app.

In particular, the company’s AI exploration focused on technology research and user scenario development, thereby increasing organizational efficiency.

Looking ahead, Newborn Town will continue to strive to expand its presence in the global social entertainment market while leveraging its forward-looking strategies and strengths in technology, business innovation and product operations worldwide to deliver positive emotional values ​​to its vast user base.

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SOURCE Newborn Town

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