UCloud Technology, a publicly owned Chinese technology company founded in 2012, employs approximately 530 people. Headquartered in China, the company's primary business involves providing cloud computing services, including storage, data analytics, content delivery networks (CDN), and other infrastructure solutions. Its clientele primarily consists of online gaming and e-commerce businesses.
The controlling shareholder and actual controller planned to sell 5.1% of the company's stakes. A strategic partnership with HGC Global Communications was announced on May 14, 2024, to expand into the Southeast Asian cloud market, starting in Thailand. This partnership aims to jointly expand into the cloud market in Southeast Asia.