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AI Neocloud Elice’s CEO Sees Sales Doubling After Shares Rebound

Bloomberg Technology Wednesday 21 October 2026, 01:20 UTC By Yoolim Lee 1 min read
Key Points

EXCLUSIVE AI AI Neocloud Elice’s CEO Sees Sales Doubling After Shares Rebound South Korea’s Elice Inc. is on track to at least double revenue this year, its chief said as the AI infrastructure company’s shares rebounded from a brutal trading debut. “We’re basically doubling the revenue compared to last year. That’s like minimum guidance,” Chief Executive Officer Jae Won Kim said in an interview on Bloomberg Television.

EXCLUSIVE AI AI Neocloud Elice’s CEO Sees Sales Doubling After Shares Rebound South Korea’s Elice Inc. is on track to at least double revenue this year, its chief said as the AI infrastructure company’s shares rebounded from a brutal trading debut. “We’re basically doubling the revenue compared to last year. That’s like minimum guidance,” Chief Executive Officer Jae Won Kim said in an interview on Bloomberg Television. “I’m not worried about the volatility issues in the first week.”
South Korea’s (LOCATION) Elice Inc. (ORG) Jae Won Kim (PERSON) Bloomberg Television (ORG)
Originally published by Bloomberg Technology Read original →

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