General Information


Our mission is to enable everyone to showcase vocal talent. Driven by this, we have transformed the audio industry to create Lizhi, a mobile app for everyone to create, store, share, discover and enjoy audio, and interact through it. Over 100 years ago, radio was invented to connect the world through human voices. Its massive reach, seamless transmission, and ubiquitous presence have changed and enriched everyone’s life. Fifteen years ago, the rapid development of internet gave rise to podcasts, attracting a younger audience and nurturing audio hosts of the future. We are the largest online UGC audio community in China as of September 30, 2019 according to iResearch. We are also the largest interactive audio entertainment platform and the second largest online audio platform in China in terms of average total MAUs for the nine months ended September 30, 2019 according to the same source. According to iResearch, our MAU market share in the interactive audio entertainment market and online audio market was 70.7% and 18.4%, respectively, for the nine months ended September 30, 2019.

Employees: 620
Founded: 2010
Contact Information
Address Yangcheng Creative Industry Zone, No. 309 Middle Huangpu Avenue, Tianhe District, Guangzhou 510655, People’s Republic of China
Phone Number +86 20 8381-8791
Web Address
View Prospectus: LIZHI
Financial Information
Market Cap $503.1mil
Revenues $151.9 mil (last 12 months)
Net Income $-119.1 mil (last 12 months)
IPO Profile
Symbol LIZI
Exchange NASDAQ
Shares (millions): 4.1
Price range $11.00 - $11.00
Est. $ Volume $45.1 mil
Manager / Joint Managers Citigroup
CO-Managers Haitong International/ AMTD/ Needham & Co./ Tiger Brokers/ China Merchants Securities (HK)/ Valuable Capital/ Prime Number Capital
Expected To Trade: 1/17/2020
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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