Investor alert: law offices of howard g. smith announces investigation of bluecity holdings limited (blct) on behalf of investors

Bensalem, pa.--(business wire)---- $blct #classaction--law offices of howard g. smith announces an investigation on behalf of bluecity holdings limited (“bluecity” or the “company”) (nasdaq: blct) investors concerning the company's possible violations of federal securities laws. on december 2, 2020, bluecity reported its third quarter and fiscal year 2020 results, disclosing, among other results, that the company's cost of revenues had increased 41.4% year-over-year, selling and marketing expenses had increased 86.3%
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