A nice modest valuation? What year is it

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Chinese filing implies DeepSeek valuation of around $52 billion

  • Anhui Korrun filing implies a 350.88 billion yuan valuation for DeepSeek
  • Fund it backed invested 2.9 billion yuan for almost 0.83% stake
  • Jiuan investment broadly corroborates pricing
  • DeepSeek has never announced details of its maiden round
BEIJING, July 16 (Reuters) – Chinese luggage ‌maker Anhui Korrun (300577.SZ), opens new tab said on Thursday a fund it invested in deployed 2.9 billion yuan for an indirect 0.8265% stake in DeepSeek, implying the private AI startup was valued at 350.88 billion yuan ($51.82 billion).
The stock-exchange filing offers rare public evidence about the ​pricing and investor lineup of DeepSeek’s maiden external fundraising, which the company has never announced. As ​a private company, DeepSeek has no routine disclosure obligations.