Kingsoft Cloud
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Kingsoft Cloud Holdings Limited is a Chinese cloud computing provider founded in 2012 as the cloud arm of Kingsoft Corp, offering infrastructure, platform and AI cloud services. It listed on NASDAQ in May 2020 and on the Hong Kong Stock Exchange in December 2022, and remains a listed company as of 2026.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
Kingsoft Cloud was founded in 2012 as the cloud computing arm of Kingsoft Corp.
- NASDAQ IPO
The company listed on NASDAQ in May 2020 (ticker KC).
- Hong Kong listing
Kingsoft Cloud listed in Hong Kong in December 2022 (stock code 3896.HK).
- Chairman change
In March 2025, Lei Jun resigned as non-executive chairman and was succeeded by vice chairman and CEO Zou Tao; the company continued reporting operating losses.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.