Cloopen Group Holding Limited

Cloopen Group Holding Limited

RAAS
Cloopen Group Holding LimitedUS flagNew York Stock Exchange
1.13
USD
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- -
185.74MMarket Cap
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Changxun Sun
Full Time Employees
1,194
Sector
Technology
Industry
Software - Application
Address
Fairmont Tower, Tower A Beijing People's Republic of China
IPO Date
Feb 9, 2021
Business
Cloopen Group Holding Limited provides cloud-based communications solutions primarily in China, offering a comprehensive suite of services including communications platform as a service (CPaaS) with application programming interfaces and software development kits for messaging, voice calls, audio and video capabilities; cloud-based contact centers for multi-channel customer interactions; and cloud-based unified communications and collaborations (UC&C) featuring instant messaging, video conferencing via RongVideo, and related tools. The company also delivers AI-powered solutions such as virtual agents, insight agents, quality management agents, and large language models like Chitu for customer service, marketing, and sales; analytics platforms including Zhuge for data collection, customer insights, and intelligent marketing; messaging services encompassing SMS verification, international SMS, video SMS; voice services like notifications, verification codes, and international calls; instant messaging platforms for secure enterprise collaboration; and IoT connectivity solutions. Founded in 2012 and headquartered in Beijing at 16/F, Tower A, Fairmont Tower, 33 Guangshun North Main Street, Chaoyang District, Cloopen serves diverse industries such as internet, telecommunications, financial services including banks and insurance, education, manufacturing, energy, government, automotive, and enterprises pursuing international expansion, with operations focused on the People's Republic of China and support for global reach through international communications. Recent developments include the filing of its Annual Report on Form 20-F for fiscal year 2023 on March 24, 2025; a settlement with the U.S. Securities and Exchange Commission on February 7, 2024, addressing prior revenue recognition issues without company penalties; delisting from the NYSE in October 2023 with trading shifting to OTC under RAASY; board composition changes in December 2023; and a binding term sheet in June 2023 to settle U.S. securities class actions.

Company News

APIChat
  • Shareholder Alert: Ademi LLP investigates whether Cloopen Group Holding Limited is obtaining a Fair Price for Public Shareholders

  • Cloopen Enters into Definitive Merger Agreement for Going-Private Transaction

  • Cloopen Files Annual Report on Form 20-F for Fiscal 2025

  • Cloopen Announces Changes to Board of Directors and Committee Membership

  • Cloopen Announces Appointment of Independent Financial Advisor and Legal Counsel to the Special Committee

  • Cloopen Announces Formation of Special Committee

  • Cloopen Announces Receipt of Preliminary Non-Binding "Going Private" Proposal

  • Cloopen Files Annual Report on Form 20-F for Fiscal 2024

  • Cloopen Files Annual Report on Form 20-F for Fiscal 2023

  • SIMPPLE Ltd. Expands Footprint into Thailand with $110,000 Contract and Signs Distribution Partnership with RAAS PAL

  • Cloopen Files Annual Report on Form 20-F for Fiscal 2022

  • SEC Charges China-Based Tech Company Cloopen Group with Accounting Fraud

  • Cloopen Is The Weirdest Buy Ever

  • Deadline in 3 Days: Kessler Topaz Meltzer & Check, LLP Reminds Cloopen Group Holding Limited (RAAS) Investors of Filing Deadline in Class Action Lawsuit

  • CLOOPEN DEADLINE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Cloopen Group Holding Limited and Encourages Investors to Contact the Firm

  • The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Cloopen Group Holding Limited (RAAS)

  • SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Cloopen Group Holding Limited with Losses of $100,000 to Contact the Firm

  • ROSEN, LEADING INVESTOR COUNSEL, Encourages Cloopen Group Holding Limited Investors With Losses Over $100K to Secure Counsel Before Important February 8 Deadline in Securities Class Action – RAAS

  • SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Cloopen Group Holding Limited with Losses of $100,000 to Contact the Firm

  • Cloopen Group Holding Limited to Host Its Virtual Investor Conference on January 18, 2022