Covering IPOs, Healthcare and Technology Stocks

Andrei Zakharov

Equity Capital Markets

Milian Technology / Equity Capital Markets

<ul>
<li>Milian Technology files for Hong Kong IPO and seeks fresh capital for further expanding its global presence and accelerating overseas market penetration.  </li>
<li>Xiaomi backed online social networking platform company is one of the fastest growing marriage and dating platforms in China, reaching RMB2,373m revenue in 2024, up ~129% YoY.</li>
<li>I expect Milian Technology may seek unicorn valuation in upcoming HK IPO as growth is exceptionally high and profitability improved.</li>
</ul>


Milian Technology files for Hong Kong IPO and seeks fresh capital for further expanding its global presence and accelerating overseas market penetration.  
Xiaomi backed online social networking platform company is one of the fastest growing marriage and dating platforms in China, reaching RMB2,373m revenue in 2024, up ~129% YoY.
I expect Milian Technology may seek unicorn valuation in upcoming HK IPO as growth is exceptionally high and profitability improved.


Milian Technology IPO Valuation Analysis: A Dating App Company May Seek Unicorn Valuation In HK IPO

<ul>
<li>Milian Technology, a fast-growing marriage and dating platform in China, filed for an IPO in Hong Kong. The company has achieved significant traction with now ~10M avg. MAUs.</li>
<li>Milian Technology has raised ~US$77M in equity financing to date from investors, including Xiaomi, XVC Fund, Shunwei Capital, and Sky9 Capital, among others.</li>
<li>I believe Milian Technology’s growth is exceptionally high for any online social networking platform company in China at such scale.</li>
</ul>


Milian Technology, a fast-growing marriage and dating platform in China, filed for an IPO in Hong Kong. The company has achieved significant traction with now ~10M avg. MAUs.
Milian Technology has raised ~US$77M in equity financing to date from investors, including Xiaomi, XVC Fund, Shunwei Capital, and Sky9 Capital, among others.
I believe Milian Technology’s growth is exceptionally high for any online social networking platform company in China at such scale.


Milian Technology IPO Preview: Driving Profitable Expansion Through Yidui and Tietie Apps

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Milian Technology (MILIAN HK)

Milian Technology IPO Valuation Analysis: A Dating App Company May Seek Unicorn Valuation In HK IPO

I have a positive view of upcoming IPO given the company's rare combination of explosive revenue growth, strong paying user conversion rate, viral...

Andrei Zakharov

Milian Technology IPO Preview: Driving Profitable Expansion Through Yidui and Tietie Apps

Beijing-based Milian Technology, a fast-growing marriage and dating platform, filed to go public in Hong Kong. I have a positive view of upcoming...

Andrei Zakharov

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Milian Technology IPO Valuation Analysis: A Dating App Company May Seek Unicorn Valuation In HK IPO

I have a positive view of upcoming IPO given the company's rare combination of explosive revenue growth, strong paying user conversion rate, viral...

Andrei Zakharov

Milian Technology IPO Preview: Driving Profitable Expansion Through Yidui and Tietie Apps

​Beijing-based Milian Technology, a fast-growing marriage and dating platform, filed to go public in Hong Kong. I have a positive view of upcoming...

Andrei Zakharov

Beijing-based Milian Technology, a fast-growing marriage and dating platform, filed to go public in Hong Kong. I have a positive view of upcoming...