XNET
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Xunlei Ltd Adr
1.99
0.00 (0.00%)
Last Update: 21 Dec 2024 00:00:00
Yesterday: 1.99
Day's Range: 1.9205 - 2.002
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When Written:
1.72
Xunlei Ltd is a Chinese technology company that provides online services such as cloud storage, video streaming, and gaming. Its flagship product is the Xunlei download manager, which allows users to download files from the internet at high speeds. Xunlei also operates a blockchain-based content distribution network called ThunderChain.
Xunlei was founded in 2003 and is headquartered in Shenzhen, China. It went public on the NASDAQ stock exchange in 2014 through an American Depositary Receipt (ADR) offering. Xunlei's ADRs trade under the ticker symbol "XNET" and each ADR represents two Class A ordinary shares of the company.
Xunlei has faced regulatory challenges in China due to concerns over copyright infringement and illegal content on its platform. The company has also been criticized for its use of "coin mining," a process that uses a user's computer to mine cryptocurrency without their knowledge or consent. Despite these challenges, Xunlei has continued to expand its services and partnerships, including a recent collaboration with the Chinese government to develop a blockchain-based platform for public services.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
Xunlei was founded in 2003 and is headquartered in Shenzhen, China. It went public on the NASDAQ stock exchange in 2014 through an American Depositary Receipt (ADR) offering. Xunlei's ADRs trade under the ticker symbol "XNET" and each ADR represents two Class A ordinary shares of the company.
Xunlei has faced regulatory challenges in China due to concerns over copyright infringement and illegal content on its platform. The company has also been criticized for its use of "coin mining," a process that uses a user's computer to mine cryptocurrency without their knowledge or consent. Despite these challenges, Xunlei has continued to expand its services and partnerships, including a recent collaboration with the Chinese government to develop a blockchain-based platform for public services.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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When Written:
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Xunlei Ltd is a Chinese company that provides online services such as cloud storage, video streaming, and gaming. Its flagship product is Xunlei, a download manager that uses peer-to-peer technology to accelerate downloads. Xunlei Ltd is listed on the NASDAQ stock exchange under the ticker symbol XNET and also has an American Depositary Receipt (ADR) program. The ADRs represent ownership of the company's shares and can be traded on the US stock market. As of August 2021, Xunlei Ltd had a market capitalization of approximately $1.2 billion.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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