# international expansion
Latest news and articles about international expansion
Total: 2 articles found
Technology
MiniMax Grows Fast but Bleeds Cash: $79m Revenue, $1.87bn Loss in FY2025 as International Sales Dominate
MiniMax posted $79 million in revenue for fiscal 2025, up 158.9% year‑on‑year, but recorded a net loss of $1.87 billion. The company has scaled rapidly — serving 236 million users and 214,000 enterprise customers across 200+ countries — yet faces the challenge of turning global reach into profitable, repeatable revenue.
NeMo2026年3月2日 15:21
#MiniMax#AI platform#revenue growth
Business
Luckin’s Delivery Surge Fades as Rapid Expansion Squeezes Q4 Profits
Luckin Coffee posted strong revenue growth in 2025 but saw fourth-quarter net profit fall nearly 40% as the delivery subsidy-driven boom faded. Rapid store expansion and rising material, rent and delivery costs exposed margin pressure, while intensifying competition and a pullback in platform subsidies pose risks to 2026 growth.
SoBiz2026年3月1日 07:07
#Luckin Coffee#delivery war#China coffee market