RENAISSANCE CAPITAL - May 12 - Soulgate, which provides a gamified social networking app in China, filed with the SEC to raise to $100M in an IPO. Users, called "Soulers," create a new identity in Soul's virtual universe to freely create, share, explore, and connect with other users. In March 2021, the company averaged 9.1M DAUs, a 94% increase over the prior-year period. Soulgate was founded in 2016 and booked $104M in sales for the 12 months ended Mar 31, 2021.
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