Report: DeepSeek's First Seven Months Revenue Hits 475 Million Yuan, Up 10-Fold Year-on-Year, API Gross Margin Reaches 82.9%

DeepSeek's revenue for the first seven months reached approximately 475 million yuan, surging nearly 10-fold year-on-year, with API gross margin hitting 82.9% and net losses narrowing to 715 million yuan. Leveraging high margins and a cost-effective pricing strategy, the company is now advancing a new funding round of 50 billion yuan at a valuation of 500 billion yuan, and is preparing for a Shanghai listing next year.