DeepSeek's annual revenue is approaching $500 million

According to Odaily, Citrini analyst jukan posted on platform X that The Information reports DeepSeek's ARR is nearing $500 million, and the company has successfully raised $7.4 billion in funding. DeepSeek is designing a second funding round to allow it to raise dollar-denominated capital from overseas investors, with a particular focus on attracting investment from the Middle East. DeepSeek has also hired investment banks to prepare for an IPO on the Shanghai STAR Market, targeting a listing next year. By selling access to its latest flagship model V4, DeepSeek maintains a gross margin of over 50%.