HK-based mobile data traffic sharing platform uCloudlink files for $50m Nasdaq IPO

HK-based mobile data traffic sharing platform uCloudlink files for $50m Nasdaq IPO

A person holding white Android smartphone in white shirt. Source: NordWood Themes/Unsplash

Hong Kong-based mobile data traffic sharing marketplace uCloudlink has moved towards an initial public offering (IPO) on the Nasdaq on Tuesday to raise $50 million.