Qiniu

Qiniu ( , 02567.HK) is a Shanghai-based cloud provider founded in 2011. It sells audio/video PaaS and APaaS products, object storage, CDN, and AI model inference and compute services. It says it serves 1.8M+ developers and enterprises, including Xiaohongshu, NIO and Kuaishou. It earns revenue from usage- and subscription-based cloud services. It raised a CNY 1B Series F in 2020 and a CNY 1B Series E from Alibaba and Yunfeng Capital in 2017. It listed on the HKEX main board on 16 Oct 2024 and reported net losses of CNY 220M, 213M and 324M for 2021–2023.