Newborn Town Issues Positive Profit Alert for FY2024: Total Revenue Estimated to Exceed RMB 5 Billion, with Adjusted EBITDA Approaching RMB 1,000 Million

Written by PR Newswire

HONG KONG, March 4, 2025 /PRNewswire/ -- On March 4th, Newborn Town released a positive profit alert for the year ended December 31st, 2024. Fueled by the rapid advancements in AI-powered social apps, the company experienced explosive revenue growth and a significant increase in profit.

For the year ended December 31st, 2024, Newborn Town's...

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