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Benzinga
Benzinga
Business
The Bamboo Works

Cloopen: A Clean Cloud, or Still Under Stormy Skies?

Doug Young Miniso China SEC Inflation NYSE United States

Key Takeaways:

  • An internal investigation by cloud services provider Cloopen found the company inflated its revenue by about 5% in last year’s second and third quarters
  • The new China-U.S. information-sharing agreement could help restore investor confidence in such U.S.-listed Chinese companies
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