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Cloopen Group Holding Limited (RAAS)

Stock Price: $19.75 USD 1.98 (11.14%)
Updated Mar 5, 2021 4:00 PM EST - Market closed
After-hours: $19.55 -0.20 (-1.01%) Mar 5, 7:59 PM
Market Cap 3.16B
Revenue (ttm) 107.96M
Net Income (ttm) -37.94M
Shares Out 149.11M
EPS (ttm) -0.25
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day March 5
Last Price $19.75
Previous Close $17.77
Change ($) 1.98
Change (%) 11.14%
Day's Open 18.60
Day's Range 16.60 - 20.00
Day's Volume 2,254,005
52-Week Range 16.60 - 59.00

News

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Benzinga - 3 weeks ago

Chinese cloud-based communications solution provider  Cloopen Group Holding Limited (NYSE: RAAS) priced 20 million shares at $16 per share in its upsized initial public offering (IPO) to rake ...

NASDAQ - 1 month ago

Cloopen Group Holding, which provides cloud-based communication services in China, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.

SEC - 1 month ago

Cloopen Group Holding Limited has filed to go public with an IPO on the NASDAQ.

About RAAS

Cloopen Group Holding Limited, through its subsidiaries, provides cloud-based communications solutions in the People's Republic of China. The company offers a suite of cloud-based communications solutions, which include communications platform as a service, cloud-based contact centers, and cloud-based unified communications and collaborations. It serves a customer base consisting of enterprises of various industries, including internet, telecommunications, financial services, education, industrial manufacturing, and energy. The company was foun... [Read more...]

Industry
Software-Application
IPO Date
Feb 9, 2021
CEO
Changxun Sun
Employees
1,171
Stock Exchange
NYSE
Ticker Symbol
RAAS
Full Company Profile

Financial Performance

In 2019, RAAS's revenue was 650.28 million, an increase of 29.67% compared to the previous year's 501.49 million. Losses were -315.83 million, 28.3% more than in 2018.

Financial numbers in millions CNY.
Financial Statements