Kingsoft Cloud finds sunnier skies in AI cloud
The company’s revenue grew strongly and its loss narrowed sharply in the first half of the year, as it aggressive its develops AI cloud services Key Takeaways: Kingsoft Cloud reported…
BRIEF: Kingsoft Cloud’s loss narrows as Lei Jun steps down as chairman
Cloud computing services provider Kingsoft Cloud Holdings Ltd. (3896.HK, KC.US) announced on Wednesday that its net loss narrowed 52% last year to 936 million yuan ($136 million) from a net…
Price war rains on Kingsoft Cloud despite improving profitability
The cloud services provider reported a sharp gross margin increase in the first quarter as it jettisoned less-profitable customers Key Takeaways: Kingsoft Cloud reported its first-quarter revenue fell 14.2%, but…
Kingsoft Cloud Joins Chinese Companies Pivoting To Hong Kong as Delisting Risk Grows
Kingsoft Cloud seeks to list in Hong Kong after being placed on a long list of Chinese companies that can be delisted in the U.S. under a law that requires…
Kingsoft Cloud Gets Pelted by Storm Over Locked Novel
Shares of China’s largest independent cloud services provider fell 12% after a social media storm erupted over a novelist who lost access to her work Key Takeaways: Kingsoft Cloud’s shares…
Spurned by New York, Kingsoft Cloud Looks for Love in Hong Kong
China’s largest independent cloud services provider says it’s exploring a second listing in Hong Kong, following a 57% plunge in its shares over three trading days Key Takeaways: Kingsoft Cloud…
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