SynopsisAnhui Korrun's subsidiary invested 2.90 billion yuan in DeepSeek. This investment secured an indirect 0.8265% stake in the company. The deal implies the artificial intelligence startup was valued at 350.88 billion yuan. This stock-exchange filing offers rare public evidence of DeepSeek's fundraising. The low-profile company has never publicly announced or detailed this valuation.China's Anhui Korrun said a fund in which its subsidiary invested deployed 2.90 billion yuan for an indirect 0.8265% stake in DeepSeek, implying the privately held artificial intelligence startup was valued at 350.88 billion yuan ($51.82 billion).The stock-exchange filing offers rare public evidence about the pricing of DeepSeek's maiden external fundraising, which the low-profile company has never publicly announced or detailed.($1 = 6.7717 Chinese yuan renminbi) ...moreElevate your knowledge and leadership skills at a cost cheaper than your daily tea.Subscribe Now
Chinese filing implies DeepSeek valuation of around $52 billion - The Economic Times
Anhui Korrun's subsidiary invested 2.90 billion yuan in DeepSeek. This investment secured an indirect 0.8265% stake in the company. The deal implies the artificial intelligence startup was valued at 350.88 billion yuan. This stock-exchange filing offers rare public evidence of DeepSeek's fundraising. The low-profile company has never publicly announced or detailed this valuation.
133 words~1 min read
