Reported 1 day ago
Yovole, a Chinese data center operator backed by CDH Investments, is considering an initial public offering (IPO) in the US after a previous attempt to list in China failed. The company aims to raise over $100 million and may file confidentially with US regulators as early as January. Established in 2001, Yovole provides cloud computing services in major Chinese cities and counts major firms like Alibaba and Tencent among its clients.
Source: YAHOO