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Parting clouds

6 May 2020 By Robyn Mak

Lei Jun is eyeing a healthy $3.6 bln valuation for his cloud venture. The Xiaomi founder makes for a tried and tested boss for Kingsoft, a strong rival to Alibaba and Tencent. In the wake of the Luckin scandal and Covid-19, it looks as good as any Chinese company in New York can.

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