The stock market has not been so friendly to cloud services in recent times.

Source: Internet
Author: User
Keywords The company customer service cloud
Tags cloud cloud service cloud services company customer customer service financing listed

The stock market has not been so friendly to cloud services for some time, Box pushed and pushed IPOs, Workday shares have fallen 25%, Veeva 36%, and 37 cloud service companies have lost 26% of their shares in the last 1.5 months, depleting their market capitalisation this year.

But Zendesk does not seem to care, and will be listed on the NYSE recently. In 2012, the company received $60 million trillion in D-round financing, with the participation of Benchmark, Goldman Sachs and other companies. The company now has a total financing amount of 85 million dollars.

The company announced a takeover plan for another company after it filed a listing on April 9 this year, Zopim said. Zopim is located in Singapore and is mainly developing instant chat software for clients.

Zendesk products are favored by small and medium-sized enterprises, more than 5 years since its establishment, 40000 users have been registered, spanning 140 countries worldwide. Customers who use Zendesk include Groupon, Twitter, Yammer, Sony Music, Triptit, lonely Planet, Foursquare, and MSNBC.

According to the prospectus, the IPO will be priced at 8 dollars to 10 dollars. Zendesk will issue 11 million shares and plan to finance 88 million to 110 million dollars. The trading code at NYSE is ZEN. According to the maximum amount of capital raised, the company's market value will reach 700 million U.S. dollars.

Zendesk last year's revenue reached 72 million dollars, up 88% from 2012 's $382 billion trillion. Last year's operating losses have been reduced to $21.8 million trillion. It is understood that zendesk most of the money spent in the marketing and sales links, accounting for 37.6 million of dollars. The company spent 16 million dollars in general administration last year, with research and development costs of $15 million.

(Responsible editor: admin)

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