in5points
BusinessReuters

Chinese filing implies DeepSeek valuation of around $52 billion

in5points
  1. Chinese luggage maker Anhui Korrun disclosed a 2.9 billion yuan indirect investment in AI startup DeepSeek.

  2. The investment implies DeepSeek's valuation is approximately 350.88 billion yuan ($51.82 billion).

  3. The stake was obtained via a fund that Korrun invested in.