CloudMinds

General Information
Business:

 

We believe the world is entering a new era where intelligent robots will become increasingly prevalent in factories, warehouses, hotels, hospitals, shops and homes. Aging populations, structural labor shortages, rising labor costs and the drive for continuous productivity enhancement create growing demand for both industrial and service robots, according to Frost & Sullivan. Labor shortages are expected to become particularly acute for jobs that are dangerous, tedious or generally less desirable, creating demand for robotic substitutes. The robotics industry is now at the turning point where a new generation of robots is emerging, according to Frost & Sullivan. This new generation of robots is more cost-effective to produce, more maneuverable, capable of dynamic learning and therefore increasingly competent to operate in uncontrolled environments. As a result, robots are expected to assist and potentially replace humans in roles such as receptionists, cleaners, security guards, and domestic helpers, among others.

Industry: COMPUTER INTEGRATED SYSTEMS DESIGN
Employees: 716
Founded: 2015
Contact Information
Address 33rd Floor, Unit B Tower 3, Wangjing SOHO, Chaoyang District, Beijing 100027, People's Republic of China
Phone Number +86 10 53856575
Web Address http://www.cloudminds.com
View Prospectus: CloudMinds
Financial Information
Market Cap
Revenues $236.1 mil (last 12 months)
Net Income $-189.0 mil (last 12 months)
IPO Profile
Symbol CMDS
Exchange NYSE
Shares (millions): 0.0
Price range $0.00 - $0.00
Est. $ Volume $500.0 mil
Manager / Joint Managers Citigroup/ J.P. Morgan/ UBS Investment Bank
CO-Managers CLSA Limited/ CMBI International Capital Limited
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change