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What MiniMax Does & How It Makes Money (0100.HK)

Updated October 2026 · reflects MiniMax's latest reported financials

Chinese AI company building multimodal foundation models and AI apps. It earns money by selling AI services and open-platform model access to enterprises, and from its consumer AI apps.

MiniMax's story, moat and numbers — in a 3-minute visual book.

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How MiniMax makes money

It earns money by selling AI services and open-platform model access to enterprises, and from its consumer AI apps.

What MiniMax does

MiniMax Group Inc., founded in 2022 and headquartered in Shanghai, develops AI foundation models. Its models cover several modalities: language, video, speech and music. The company is one of China's AI model developers whose shares trade in Hong Kong. The company brings its models to market in two ways. For businesses, it offers AI-based enterprise services and an open platform for building on its models. For consumers, it runs apps including MiniMax Agent, the Hailuo AI video generator, and the chat apps Talkie and Xingye. This mix lets it earn from both business clients and a consumer user base.

Products & services

What is MiniMax worth?

Fair value: not published

A reliable owner-earnings fair value isn't available for this company yet — we'd rather say so than print a number we don't trust.

We show a fair value only when the method is trustworthy. See MiniMax on TacticScale →

Sector Technology Industry Software - Infrastructure HQ China Ticker 0100.HK Official site

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