Xiamen Xingjie Chain Technology
Founded Year
2010Stage
Corporate Minority | AliveTotal Raised
$522.8MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-55 points in the past 30 days
About Xiamen Xingjie Chain Technology
Xiamen Xingjie Chain Technology operates a network of servers in data centers. The company offers safety services, disaster recovery, cloud migration, and more. It was founded in 2010 and is based in Xiamen, China.
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Xiamen Xingjie Chain Technology is included in 1 Expert Collection, including Unicorns- Billion Dollar Startups.
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Latest Xiamen Xingjie Chain Technology News
Feb 29, 2024
Alibaba Cuts China Cloud Prices to Rekindle Division's Growth February 29, 2024 at 12:07 am EST Share By Tracy Qu Alibaba Group will cut cloud product prices in China by up to 55% in an effort to boost a promising division whose sales have slowed in recent quarters amid rising competition. The new prices, down 20% on average, will take effect Thursday and cover more than 100 product specifications under Alibaba Cloud's elastic compute service, object storage service and database product categories, the division said in a statement. The cuts in China mark the second time in less than a year that Alibaba Cloud has lowered product prices on a large scale. It reduced cloud prices by as much as 50% last May. Alibaba's revenue from cloud services, considered one of the Chinese e-commerce giant's most promising businesses, has slowed in recent quarters. Cloud sales grew about 3% from a year earlier in the three months ended December, down from 20% in the same period in 2021. Cloud infrastructure services spending in China rose 18% in the third quarter of 2023, according to Canalys estimates. The market research company said Alibaba Cloud is the market leader, followed by Huawei Cloud and Tencent Cloud. Alibaba shares were 2.1% lower at the midday break in Hong Kong. Alibaba had planned to spin off its cloud unit when the company announced a restructuring plan last year. Chairman Joe Tsai later said the plan might not benefit shareholders, citing the effects of U.S. export restrictions on advanced computing chips. Write to Tracy Qu at tracy.qu@wsj.com (END) Dow Jones Newswires
Xiamen Xingjie Chain Technology Frequently Asked Questions (FAQ)
When was Xiamen Xingjie Chain Technology founded?
Xiamen Xingjie Chain Technology was founded in 2010.
Where is Xiamen Xingjie Chain Technology's headquarters?
Xiamen Xingjie Chain Technology's headquarters is located at Unit A905, No. 65, Wanghai Road, Software Park 2, Xiamen.
What is Xiamen Xingjie Chain Technology's latest funding round?
Xiamen Xingjie Chain Technology's latest funding round is Corporate Minority.
How much did Xiamen Xingjie Chain Technology raise?
Xiamen Xingjie Chain Technology raised a total of $522.8M.
Who are the investors of Xiamen Xingjie Chain Technology?
Investors of Xiamen Xingjie Chain Technology include Zhongnan Holdings Group, T-Capital, GF Qianhe, Capital Financial Service Chamber of Commerce, Leading Capital and 28 more.
Who are Xiamen Xingjie Chain Technology's competitors?
Competitors of Xiamen Xingjie Chain Technology include Inspur Group.
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Compare Xiamen Xingjie Chain Technology to Competitors
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A4x is a global provider of AIoT platform services, specializing in the integration of the artificial intelligence sector. The company offers services that include embedded software development, application development, and artificial intelligence (AI) powered analysis for smart devices, with a focus on vision-centered and voice-enabled functionalities. A4x primarily caters to manufacturers, developers, and brand owners looking to enhance their Internet of Things (IoT) devices with advanced AI capabilities. A4x was formerly known as Addx. It was founded in 2018 and is based in Singapore.
AirTrunk provides hyperscale data centers and focuses on delivering digital infrastructure solutions across the Asia-Pacific and Japan regions. The company offers secure data center services designed to meet the needs of transformative companies. AirTrunk primarily serves sectors that require digital infrastructure, such as cloud service providers and large enterprises. It was founded in 2015 and is based in North Sydney, Australia.
ARFYSICA INNOVATION focuses on new medical products, services, and solutions. The company was founded in 2015 and is based in Shanghai, China.
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Beijing Sinnet Technology (SHE: 300383) runs Amazon's cloud computing services in China.
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