Cloud Academy Successfully Listed on NASDAQ with Three Letter YXT.com Domain Name!

Industry Information 23 Aug 2024 02:18:56 PM By:DN platform editor
Abstract:

Recently, China's leading digital enterprise learning solutions provider, Cloud Learning, has been successfully listed on the NASDAQ exchange under the ticker symbol YXT. this significant moment marks Cloud Learning's important progress in

Recently, China's leading digital enterprise learning solutions provider, Cloud Learning, has been successfully listed on the NASDAQ exchange under the ticker symbol YXT. this significant moment marks Cloud Learning's important progress in the global capital market.

1. Background of YXT and its domain name

The domain name of YXT is “YTX.com”, the pinyin acronym of “Yunxue Tang”, which was registered as early as January 9, 2000, witnessing the history of the company's development. As an innovative company in the field of corporate training, YTX is committed to helping companies improve the quality of talent development through the provision of software SaaS services, content solution services and digital enterprise learning operation services.

Cloud Academy Successfully Listed on NASDAQ with Three Letter YXT.com Domain Name!

According to Frost & Sullivan, Cloud Learning has become the largest provider of digital corporate learning solutions in China. Its customers include many Fortune 500 companies and other industry-leading companies, demonstrating its strong presence in the market.

2. IPO Details

For the IPO, CloudLearning's offering price is set at $11 per share, and it plans to raise $25 million (excluding over-allotment option). The funds raised will be mainly used for R&D and technology investment, brand marketing and promotion to drive the company's continued growth and technological innovation.

Cloud Academy Successfully Listed on NASDAQ with Three Letter YXT.com Domain Name!

On the date of listing, Lu Ruizhe (also known as Lu Xiaoyan), the founder and chairman of Cloud Learning, had more than two-thirds of the voting rights in the governance of the company, which provided stable support for the company's strategic decisions.

3. Future Prospects

Cloud Learning's IPO not only injected new capital into the Company, but also further strengthened its position in the global market. With the availability of capital, the Company plans to increase its R&D efforts, upgrade its technology and expand its brand influence. This initiative will help the company's continued innovation and market expansion in the field of digital enterprise learning solutions.

Overall, Cloud Learning's successful listing on NASDAQ is an important milestone in the company's development and marks its emergence in the global capital market. In the future, CloudLearning will continue to dedicate itself to providing high-quality learning solutions to its corporate clients and promoting the development of the entire industry.

Famous Chinese companies currently using three-letter .com domain names:

1.byd.com: BYD Company Limited, with business spanning four industries: automotive, rail transportation, new energy and electronics.

2.aws.com: stands for amazonwebservices, which is the cloud computing arm of Amazon. Currently clicking on the domain name will jump to aws.amazon.com.

3.jnj.com: stands for Johnson & Johnson, a globally recognized pharmaceutical and consumer products company involved in medical devices, pharmaceuticals and personal care products.

4.ibm.com: the official website of IBM (International Business Machines Corporation), which is dedicated to research, development and innovation in the fields of computer hardware, software, cloud computing and artificial intelligence.

5.mac.com: this is the domain name of Apple, currently clicking on the domain name will jump to apple.com.

6.jdl.com: a domain name used by Jingdong Logistics Group, a leading technology-driven supply chain solution and logistics service provider in China.

7.vip.com: the domain name of Vipshop, a Chinese e-commerce platform that provides all kinds of fashionable clothing, accessories, beauty products and home furnishings, etc. It is committed to providing consumers with high-quality goods and a quality shopping experience.

8.ccb.com: stands for China Construction Bank (chinaconstructionbank), as one of the four major banks in China, it provides financial services for individuals and businesses, including deposits, loans, investments and international business.

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Cloud Academy Successfully Listed on NASDAQ with Three Letter YXT.com Domain Name!