With digital avatar, can Be Friends “forget” Luo Yonghao?

Be Friends charts new path without famous founder

The livestreaming e-commerce company’s revenue rose 8.7% in the first half of 2025, as it uses a matrix-based operation model and AI to rebuild after losing its popular lead host…
Founded in 2009, Newborn Town operates multiple social platforms combining entertainment elements such as dating, group voice chats, livestreaming and short video.

FAST NEWS: Newborn Town’s core businesses shine

The Latest: Social networking platform operator Newborn Town Inc. (9911.HK) said Thursday it expects to report that revenue from its social networking business reached between 2.055 billion yuan ($283 million) and 2.085 billion…