StockDuty ← Dashboard Oct 27, 2026 01:14 AM ET
SignalTech/AI

Who are the people who invested 100 billion in Liang Wenfeng?

High-priority alert based on source significance and keyword relevance.

What happened: Reuters, citing four sources, reported that DeepSeek's roughly 100 billion yuan second funding round drew investors including GigaDevice, Meituan, Geely, Midea and existing shareholder NetEase. Key numbers: About 100 billion yuan (15 billion USD) raised, a record for China's AI industry. Pre-round valuation about 74 billion USD (about 493.6 billion yuan). Why it matters: The round is described as the largest in China's AI sector, and DeepSeek has hired CITIC Securities as listing adviser, targeting an early next year IPO on the Shanghai Stock Exchange.
Reuters, citing four sources, reported that DeepSeek's roughly 100 billion yuan second funding round drew investors including GigaDevice, Meituan, Geely, Midea and existing shareholder NetEase.
The round is described as the largest in China's AI sector, and DeepSeek has hired CITIC Securities as listing adviser, targeting an early next year IPO on the Shanghai Stock Exchange.
Sources