Alibaba, Tencent-backed AI unicorn MiniMax eyes Hong Kong listing, report says
Chinese artificial intelligence (AI) start-up MiniMax, which counts Alibaba Group Holding and Tencent Holdings as investors, is moving towards an initial public offering (IPO) in Hong Kong as early as this year, according to media reports. Shanghai-based MiniMax, whose last funding round in March 2024 valued the company at US$2.5 billion, was in the “early […]
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