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qiniu cloud is aiming for an ipo on the hong kong stock market. alibaba, qiming and others are shareholders. it is the third largest audio and video paas service provider in china

2024-09-24

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according to the hong kong stock exchange's disclosure on september 22, qiniu intelligent technology co., ltd. submitted an application for listing on the main board of the hong kong stock exchange, with shenwan hongyuan hong kong and bocom international serving as joint sponsors.

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this article is for information exchange only and does not constitute any trading advice

qiniu cloud provides audio and video cloud services in china. according to iresearch, the company's revenue will account for 1.5% of the entire audio and video cloud service market in 2023. based on revenue in 2023, the company is the third largest audio and video paas service provider in china, with a market share of 5.8%. based on apaas revenue in 2023, the company is also the second largest audio and video apaas service provider in china, with a market share of 14.1%.

the scale of china's cloud service market will reach rmb 513.7 billion in 2023. based on the management content or data type, china's cloud service market can be divided into audio and video cloud service market and non-audio and video cloud service market.