{"id":464318,"date":"2026-05-28T11:59:14","date_gmt":"2026-05-28T11:59:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/464318\/"},"modified":"2026-05-28T11:59:14","modified_gmt":"2026-05-28T11:59:14","slug":"chinas-minimax-records-1-million-client-base-fivefold-growth-in-half-a-year","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/464318\/","title":{"rendered":"China\u2019s MiniMax records 1-million client base, fivefold growth in half a year"},"content":{"rendered":"

Chinese artificial intelligence (AI) company MiniMax<\/a> says it recorded a fivefold surge in its global enterprise and developer client base over the past six months, highlighting the sharp expansion of its international footprint, even as the Hong Kong-listed<\/a> firm grapples with widening financial losses.<\/p>\n

The number of clients and developers using MiniMax recently surpassed 1 million, up from about 200,000 half a year ago, co-founder and president Yun Yeyi said at the UBS Asian Investment Conference in Hong Kong on Thursday.<\/p>\n

The Shanghai-headquartered firm also said that its global user base reached 300 million, while its annual recurring revenue (ARR) \u2013 a key metric that projects current monthly subscription income over a 12-month period \u2013 more than doubled over the past two months.<\/p>\n

According to CEO Yan Junjie during an earnings call in March, MiniMax\u2019s ARR had reached upwards of US$150 million by February, driven by surging demand for its generative AI<\/a> products.\"YunYun Yeyi (left) and Yan Junjie, both of MiniMax, at the company\u2019s listing ceremony at Hong Kong Exchanges and Clearing on January 9. Photo: Jonathan WongMiniMax, along with Beijing-based competitor Zhipu AI, will be added<\/a> to Hong Kong\u2019s benchmark Hang Seng Index after the market close on June 5, following a quarterly review. The company\u2019s shares have surged nearly 500 per cent since its initial public offering in January.<\/p>\n","protected":false},"excerpt":{"rendered":"Chinese artificial intelligence (AI) company MiniMax says it recorded a fivefold surge in its global enterprise and developer…\n","protected":false},"author":2,"featured_media":464319,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,7965,343,344,5560,4193,2943,2495,19465,3449,3448,85,46,19460,15430,5733,125,216066,11719,1524,216067,216068,78221],"class_list":["post-464318","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-analysis","tag-artificial-intelligence","tag-artificialintelligence","tag-beijing","tag-chatgpt","tag-deepseek","tag-generative-ai","tag-hailuo-ai","tag-hang-seng-index","tag-hong-kong","tag-il","tag-israel","tag-minimax","tag-moonshot-ai","tag-shanghai","tag-technology","tag-ubs-asian-investment-conference","tag-video-generation","tag-xiaomi","tag-yan-junjie","tag-yun-yeyi","tag-zhipu-ai"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/464318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=464318"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/464318\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/464319"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=464318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=464318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=464318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}