MiniMax: User base of over 236 million, with over 214,000 corporate customers and developers

BlockBeats News, March 2, Hong Kong-listed company MINIMAX-WP (00100.HK) announced that as of December 31, 2025, MiniMax has cumulatively served over 200 countries and regions with more than 236 million users, as well as 214,000 corporate customers and developers from over 100 countries and regions.

In February 2026, MiniMax released version M2.5, achieving top global performance in productivity scenarios such as programming, tool invocation, and office work. In terms of programming, M2.5 set a new industry record in the SWE-BenchVerified test, while achieving a 37% efficiency improvement over the previous generation M2.1. More importantly, M2.5 makes the operation of complex Agents infinitely scalable in terms of economic cost—running a continuous hour of work at a speed of 100 Tokens per second only costs $1, meaning $10,000 can keep 4 Agents working continuously for a year. The breakthrough in model capabilities has also driven a rapid increase in usage, quickly dominating OpenRouter after its release. From M2 to M2.1 to M2.5, each generation of models has seen significant improvements in capabilities and usage. The average daily token consumption of the M2 series text models in February 2026 has increased by over six times compared to December 2025, with token consumption from the CodingPlan increasing by over 10 times.