{"id":21075,"date":"2026-05-28T09:30:46","date_gmt":"2026-05-28T09:30:46","guid":{"rendered":"https:\/\/jobuzo.com\/en\/chinas-minimax-records-1-million-client-base-fivefold-growth-in-half-a-year\/"},"modified":"2026-05-28T09:30:46","modified_gmt":"2026-05-28T09:30:46","slug":"chinas-minimax-records-1-million-client-base-fivefold-growth-in-half-a-year","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/chinas-minimax-records-1-million-client-base-fivefold-growth-in-half-a-year\/","title":{"rendered":"China\u2019s MiniMax records 1-million client base, fivefold growth in half a year"},"content":{"rendered":"
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Chinese artificial intelligence (AI) company MiniMax<\/span> 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<\/span> firm grapples with widening financial losses.<\/div>\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) – a key metric that projects current monthly subscription income over a 12-month period – more than doubled over the past two months.<\/p>\n

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According to CEO Yan Junjie during an earnings call in March, MiniMax’s ARR had reached upwards of US$150 million by February, driven by surging demand for its generative AI<\/span> products.<\/div>\n
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Yun Yeyi (left) and Yan Junjie, both of MiniMax, at the company’s listing ceremony at Hong Kong Exchanges and Clearing on January 9. Photo: Jonathan Wong<\/figcaption><\/figure>\n<\/div>\n<\/div>\n
MiniMax, along with Beijing-based competitor Zhipu AI, will be added<\/span> to Hong Kong’s benchmark Hang Seng Index after the market close on June 5, following a quarterly review. The company’s shares have surged nearly 500 per cent since its initial public offering in January.<\/div>\n
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China’s MiniMax records 1-million client base, fivefold growth in half a year<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese artificial intelligence (AI) company MiniMax 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 firm grapples with widening financial losses. The number of clients and developers using MiniMax recently surpassed 1…<\/p>\n

Read More “China\u2019s MiniMax records 1-million client base, fivefold growth in half a year”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":21076,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21075","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/21075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=21075"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/21075\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/21076"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=21075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=21075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=21075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}