Kingsoft Cloud, a China-based cloud service provider, closed up 40% on its trading debut on Nasdaq, after raising $510M in its IPO, and is now valued at $4.77B (Bloomberg)




Bloomberg:

Kingsoft Cloud, a China-based cloud service provider, closed up 40% on its trading debut on Nasdaq, after raising $510M in its IPO, and is now valued at $4.77B  —  – Beijing-based cloud computing company raised $510 million  — IPO is the biggest by a Chinese company in U.S. this year





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