DeepSeek Reportedly Preparing Mainland China IPO
智东西 · wechat · 2026-07-15
According to Bloomberg and other sources, DeepSeek is preparing for an IPO and plans to list on the mainland. Applications could be filed as early as this year, with the listing targeted for 2027.
Key Information
- The company is working with accounting firms to complete the necessary financial reports for the IPO by the end of December this year.
- Plans to raise at least 10 billion RMB in the private market, though the actual amount could be higher.
- The Financial Times reports a pre-money valuation of roughly $71 billion for this new funding round, marking a 37% increase from the initial valuation.
- Previous rumors suggested a funding round exceeding 50 billion RMB was completed in June.
Reports also mention that DeepSeek's management emphasized to investors that the company will prioritize breakthrough AI research and continue advancing open-source models and AGI goals. The intensive fundraising is primarily aimed at accelerating the expansion of computing infrastructure.
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