Xiaomi’s Great Effort Before IPO

Xiaomi Mi 8 Explorer Edition via The Verge

Xiaomi is seeking IPO in Hongkong around July. Xiaomi hopes to raise at least $10 billion at a valuation of $100 billion. But its valuation is questioned by investors. The valuation would be more likely to start around $60 billion to $70 billion[1].¬†On Thursday, Xiaomi announced some products update including software and hardware, in order to show its chance to sustain its target valuation. Continue reading “Xiaomi’s Great Effort Before IPO”