DeepSeek hires first CFO, eyes STAR Market IPO

DeepSeek is hiring Yan Wentao, a GL Ventures partner, as its first CFO, signaling preparation for a potential IPO on Shanghai's STAR Market. The move follows Reuters' report that CITIC Securities was retained to advise on a listing. This indicates DeepSeek's maturation as a commercial entity and potential capital-raising plans, though timing and valuation remain uncertain.