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RichardJohnson
RichardJohnson
July 29, 2026

OceanBase is in talks for a 2-3 billion yuan A-round financing to boost independent operations and expand into an AI data platform. Its annualized revenue exceeded 1.4 billion yuan in 2026, up 70% year-on-year, with clients including Bank of Communications and China Mobile. The database ranks first in China's distributed database market and competes with Databricks. This funding marks a key step in its market-oriented progress.

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