Report: DeepSeek's annualized revenue surpasses 1000000000 USD, plans to raise financing by the end of October 50000000000 yuan
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AT A GLANCE
According to two people familiar with the matter, DeepSeek's annualized revenue has exceeded 1000000000 USD, and it plans to raise 50000000000 yuan in financing CNY。
Article
DeepSeek's annualized revenue surpasses 1000000000 USD, plans to complete financing by the end of October 50000000000 yuan
PANews September 24 reports, according to The Information, two people familiar with the matter revealed that DeepSeek CEO Liang Wenfeng disclosed at a recent investor meeting that DeepSeek's annualized revenue has surpassed 1000000000 USD, more than doubling from less than 500000000 USD several months ago. Following last month's price increase, API call fees for DeepSeek's various models rose by 2.3 to 4.5 times, but Liang Wenfeng told investors that the increase had not led to customer attrition. The company plans to complete its second financing round by the end of October, targeting fundraising of 50000000000 yuan CNY(approximately 7500000000 USD), at a valuation of 500000000000 yuan CNY。
PANews said the information originated from a report by The Information.
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Citing two people familiar with the matter, the report said DeepSeek CEO Liang Wenfeng disclosed at a recent investor meeting that the company's annualized revenue has surpassed 1000000000 USD。
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The report said DeepSeek's annualized revenue was less than 500000000 USD several months ago and has now more than doubled.
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The report said that after DeepSeek raised prices last month, API call fees for its various models increased by 2.3 to 4.5 times.
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Liang Wenfeng told investors that the price increase had not led to customer attrition.
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The report said DeepSeek plans to complete its second financing round by the end of October, targeting fundraising of 50000000000 yuan CNY, approximately 7500000000 USD, at a valuation of 500000000000 yuan CNY。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Annualized revenue is the 1 annual income projected based on the current revenue run rate; it does not mean the company has actually received that money during the 1 year. The core of the report is that DeepSeek's revenue has reportedly grown significantly, it did not experience customer attrition after raising API prices, and it is preparing for a relatively large second financing round.
Why it matters to readers
If the revenue, customer retention, and financing figures in the report are confirmed, they could affect assessments of DeepSeek's commercialization capabilities, fundraising capacity, and valuation.
Beginners should regard this information as financing and operating news that still awaits official confirmation, and should not assess the company's actual profitability or investment value solely on the annualized revenue or target valuation in the report.
Risks and unknowns
The information was relayed by PANews from The Information and is based on two unnamed people familiar with the matter; the material contains no public confirmation from DeepSeek or the financing parties.
The material does not explain the methodology for calculating annualized revenue or provide verifiable financial data.
“The price increase had not led to customer attrition” was reportedly a statement Liang Wenfeng made to investors; the material provides no independent data to verify it.
The second financing round remains only a plan; whether it can be completed by the end of October, as well as the final fundraising amount and valuation, remain unknown.
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The material does not specify API call volumes after the price increase, revenue composition, or profitability.
Related concepts
Annualized revenue
This term is not in the glossary yet. Browse related concepts in the glossary.
