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As AI consolidates, what makes StepFun worth a RMB 5 billion raise?

Just as investor enthusiasm for AI cools, StepFun secures major funding, following Moonshot and listed peers.

7 mins read
  • The deal hands Anta control of Puma, while also tying it to the German sportswear brand’s ongoing turnaround.

    Insights

    Is Puma worth the 60% premium in Anta’s acquisition bid?

    5 mins read

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