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COMPANY NEWS
19 July 2026
Moonshot AI Targets Hong Kong IPO as Kimi ARR Reaches $300 Million
Moonshot AI reportedly told investors that it could complete a Hong Kong listing within six months, subject to regulatory approvals and the restructuring of its offshore corporate framework.
Kimi’s annualized recurring revenue reached approximately $300 million in June, according to the report, up from about $200 million in April and $100 million in March. The IPO preparations follow Moonshot’s rapid fundraising and the release of its Kimi K3 model.
Source: bloomberg.com
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