On August 27, MiniMax (0100.HK) rose 4.49%, closing at HKD 316.6. On August 26, MiniMax released its half-year performance report for 2026. In the first half of the year, MiniMax's total revenue was approximately USD 120 million, a year-on-year increase of 283.1%, nearly tripling. Meanwhile, the company's net loss during the reporting period was USD 358 million, narrowing by 11% year-on-year. In 2025, MiniMax's total revenue was USD 79 million, and the revenue for the first half of this year is 1.5 times the total revenue for 2025. During the performance communication meeting, MiniMax's founder and CEO Yan Junjie also mentioned that the company's annual recurring revenue (ARR) in August has exceeded USD 800 million.
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