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Annual Revenue of 150M, Sold for 12.9B: Why Is AI's Checkout Counter Worth 86 Times?

Bubble signal: +2 · Overheating evidenceRelevance 85ValuationChina
Source: TMTPost · Published 2026-09-03

Summary

The article discusses an AI company acquired at an 86 times price-to-sales ratio, with annual revenue of only 150 million yuan and a transaction value of 12.9 billion yuan, highlighting valuation bubble risks in the AI sector.

Bubble analysis

The high-premium acquisition shows investors paying far above current revenue for AI assets, a classic sign of a bubble.

#china#valuation#acquisition
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