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MiniMax Eyes Hong Kong IPO: Insider Confirms Preliminary Preparations Underway
1 day ago /
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Author：小编
On June 18, sources revealed that AI unicorn MiniMax is contemplating an Initial Public Offering (IPO) in Hong Kong. Despite being in the nascent stages of preparation, the company has already set its sights on this milestone. Launched in 2021, MiniMax garnered significant momentum in March 2024 with a successful Series A funding round that raised $600 million, valuing the company at $2.5 billion post-investment. This round was led by Alibaba and joined by Tencent, among other notable investors. It is rumored that MiniMax's current valuation has surpassed the $2.5 billion mark.
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