The Alibaba and Telstra-backed cloud services provider has filed to float in the United States having raised a reported $445m in the past five years.
Qiniu, A China-based cloud services provider backed by e-commerce group Alibaba and telecommunications firm Telstra, has filed to raise $100m in an initial public offering on the Nasdaq Global Select Market.
Founded in 2011, Qiniu provides cloud storage and data analytics services for enterprise customers. It claims to have served more than 1 million customers to date, including China Merchants Bank and entertainment platform developer Bilibili.
The company reported $166m of revenue for 2020, up from $118m in the…
