HONG KONG -- Alibaba-backed Chinese media and data cloud service platform Qiniu has filed for an initial public offering on Nasdaq to raise as much as $100 million.
Shanghai-based Qiniu, which counts e-commerce giant Alibaba's affiliate Taobao China as its biggest institutional shareholder with a 17.7% stake, has yet to reveal the terms of the offering, and the filing figure is subject to change.
