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MiniMax's latest valuation exceeds $4 billion, insiders say the company is seeking to go public on the A-share market.
Jin10 data reported on July 16, according to sources close to MiniMax, that MiniMax is about to complete a new financing of nearly $300 million (approximately 2.2 billion yuan). After this round of financing, the company's valuation will exceed $4 billion (approximately 28.8 billion yuan). The source also revealed that MiniMax is seeking to go public on the A-share market.