MiniMax to Raise $538M in Hong Kong IPO at Top Price
MiniMax prices Hong Kong IPO at top range, raising $538M with $6.5B valuation amid strong demand for Chinese AI startups.
Moonshot AI Raises $500M at $4.3B Valuation in Series C
Moonshot AI closes $500M funding led by IDG Capital, reaching $4.3B valuation as rivals prepare for Hong Kong listings.
Alibaba’s Revenue Misses Expectations Amid Economic Slowdown
Alibaba's revenue growth slows and profit falls as economic challenges and rising competition impact core e-commerce business.