Chinese social platform Soul applied for a public listing on the Hong Kong stock exchange on Thursday. Launched in 2016 the platform uses algorithms to help users find like-minded friends, based on their personalities and interests. The platform let people use avatar and nicknames. According to the IPO filing, the platform had 31.6 million monthly active users in 2021, an increase of 51.6% year-on-year, while the firm’s revenue increased by 157.3% yearly to RMB 1.3 billion ($190.9 million) in the same year. Soul previously sought a listing in the US but put its application on hold in June 2021. [Soul, in Chinese]
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