
MiniMax
Model ProviderTier 1Pure AIChinese AI company building multimodal foundation models. IPO'd on HKEX in Jan 2026.
CNShanghai, ChinaFounded 2021HKEX: 9901
Valuation
$4.0B
Total Raised
$1.1B
Revenue (ARR)
$79M
P/S Ratio
50.6x
Employees
428
Key products
Hailuo AITalkieMiniMax API
Models (4)
MiniMax-01abab6.5Music modelVideo model
Latest funding round
IPO (HKEX)2026-01-09
$619M
Revenue notes
FY2025 revenue $79M, up 158.9% YoY. Gross profit up 437.2%.
Key investors (6)
TencentAlibabaMiHoYoHillhouse InvestmentHongShanIDG Capital