---
title: "Shanghai-based MiniMax reports H1 2026 revenue up 283% YoY to ~$116.6M, above 2025's 159% YoY growth, as its M3 model lags behind rivals like Z.ai's GLM-5.2"
type: signal
url: https://frontiernewswire.com/s/shanghai-based-minimax-reports-h1-2026-revenue-up-283-yoy-to-116-6m-4d9023ac
published: 2026-08-26T20:00:21.439Z
byline: "Source: TECHMEME"
---

# Shanghai-based MiniMax reports H1 2026 revenue up 283% YoY to \~$116.6M, above 2025's 159% YoY growth, as its M3 model lags behind rivals like Z.ai's GLM-5.2

Source: TECHMEME · Published 2026-08-26 · Canonical: https://frontiernewswire.com/s/shanghai-based-minimax-reports-h1-2026-revenue-up-283-yoy-to-116-6m-4d9023ac

In this story: [Z.ai](https://frontiernewswire.com/companies/z-ai), [MiniMax](https://frontiernewswire.com/companies/minimax), [GLM-5.2](https://frontiernewswire.com/models/glm-5-2)

## Sources

- [Read the original at TECHMEME](https://www.bloomberg.com/news/articles/2026-08-26/minimax-sales-nearly-quadruple-in-crowded-race-for-chinaai-lead)

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---

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