IPO - Profile

Cloopen Group Holding Limited

Technology > Computer Software: Prepackaged Software



We are the largest multi-capability cloud-based communications solution provider in China, as measured by revenues in 2019, according to the CIC report(8). We are the only provider in China that offers a full suite of cloud-based communications solutions, according to the same source, covering CPaaS, cloud-based CC, and cloud-based UC&C. We serve a diverse and loyal customer base consisting of enterprises of all sizes across a variety of industries, including internet, telecommunications, financial services, education, industrial manufacturing and energy.

China's cloud-based communications industry is still in the early stages of development More

Offer Price Offer Size 3-Year Outlook Volatility First Day Turnover
$16.00 20,000,000 Positive High 126.82%

Offering Team

  • Legal counsel
  • Skadden, Arps, Slate, Meagher & Flom LLP
  • Auditors
  • KPMG Huazhen LLP

Deal Highlights

Deal Tracker

IPO Dates

Filing 09 Feb, 2021

Offer 09 Feb, 2021

Look Ahead

Lock Up Expiry Aug 09, 2021

IPO Terms

Offer Price $16.00
Offer Size 20M

Market Sentiments

Stock Price