October 20, 2026
Business

Global Market: South Korea’s Elice shares plunge 28% in market debut as data centre stocks shunned(Soban News)

Elice, which raised 201.1 billion won ($150 million) in its IPO, provides AI cloud services as well as AI-based education and business software and plans to spend most of its IPO proceeds on launching portable modular data centres and related infrastructure.

​Elice, which raised 201.1 billion won ($150 million) in its IPO, provides AI cloud services as well as AI-based education and business software and plans to spend most of its IPO proceeds on launching portable modular data centres and related infrastructure. by Soban News (international And National News)

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