MINIMAX: First-Half Revenue from Open Platforms and Other AI-Powered Enterprise Services Soars 703.1% Year-on-Year, Constituting 63.4% of Total Revenue
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On August 26, MINIMAX-W (00100.HK) made an announcement on the Hong Kong Stock Exchange, revealing that in the first half of the year, its revenue from open platforms and other AI-powered enterprise services experienced a remarkable surge of 703.1% year-on-year. The revenue escalated from USD 9.2 million to USD 73.9 million, now accounting for 63.4% of the total revenue, a significant increase from just 30.3% during the same period in 2024. This notable revenue growth was primarily propelled by a rise in the number of paying users and enterprise clients, an uptick in API call volumes, and the swift adoption of the Token program. This accomplishment underscores the escalating market demand for its AI models, with the contributions of workloads from enterprises and developers continuing to grow steadily for its business.

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