2017-12-07

Smartphone Maker Xiaomi Seeking A $50 Billion IPO Valuation (video)

Xiaomi Said to Seek $50 Billion IPO Valuation

Xiaomi is in talks with investment banks about a possible initial public offering (IPO) and seeking a valuation of at least $50 billion, according to people familiar with the matter. Bloomberg's Selina Wang has more on "Bloomberg Technology" on Dec 4, 2017.

Xiaomi Inc. a/k/a Mi, is a privately owned Chinese electronics and software company headquartered in Beijing. It is the world's 5th largest smartphone maker in 2017. Twitter handle: @xiaomi. Domain: mi.com.
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