DataStory

DataStory Artificial Intelligence Technology Co. Ltd. reports a **53.8% revenue increase in Q1 2026**, reaching **79.6 million yuan**, while pursuing a Hong Kong IPO. Despite the growth, net losses expanded **fivefold to 144 million yuan** due to **doubled R&D spending**, and gross margins dropped to **39.9%**. The company holds the **third-largest market share in China’s enterprise AI sector**.

Jun 2026ScanXNews article

DataStory, an AI company backed by Xiaomi, has filed for a Hong Kong initial public offering (IPO). The firm reports first-quarter revenue grew nearly **54% year-over-year to 79.6 million yuan**, primarily from enterprise-focused AI solutions. The IPO aims to further expand its market presence in Asia’s data analytics sector.

Jun 2026LongbridgeNews article

DataStory, an AI company backed by Xiaomi, reports expanding losses and shrinking profit margins despite strong revenue growth. The firm prepares for a Hong Kong listing, aiming to showcase its financial trajectory amid declining profitability trends.

Jun 2026The Bamboo WorksNews article

Xiaomi leads a **CNY 250 million** funding round for **DataStory**, a provider of big data and AI-powered smart applications. The capital will support upgrades to its **PaaS ecosystem**, updates to its application products, and business expansion efforts. DataStory focuses on integrating AI-driven solutions for enterprise and consumer use cases.

Sep 2021EqualOceanNews article