Xiaomi Ipo

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China's Xiaomi picks Hong Kong for IPO, could raise about $10 billion
News & Analysis

China's Xiaomi picks Hong Kong for IPO, could raise about $10 billion

The listing is expected to give Beijing-based, Cayman-domiciled Xiaomi a market value of between $80 billion and $100 billion, just eight years after it came onto the scene in China, people familiar with the plans told Reuters.

Xiaomi files for mega Hong Kong IPO, largest listing by a Chinese tech firm in 4 years; lifts lid on financials
Business

Xiaomi files for mega Hong Kong IPO, largest listing by a Chinese tech firm in 4 years; lifts lid on financials

Xiaomi's listing is expected to raise about $10 billion via the public offering, giving Beijing-based Xiaomi a market value of between $80 billion and $100 billion

Xiaomi founder Lei Jun promises to give excess profits from hardware business to users
News & Analysis

Xiaomi founder Lei Jun promises to give excess profits from hardware business to users

The promise comes as Xiaomi is looking to market its internet services business to investors ahead of an IPO that could potentially value the smartphone maker at $100 billion.

News of a potential IPO for Xiaomi has its Chinese fans all excited: Report
News & Analysis

News of a potential IPO for Xiaomi has its Chinese fans all excited: Report

Xiaomi is projected to have made a net profit of at least $1 billion last year, according to bankers who have analysed the company’s revenue estimates.

China’s Xiaomi says it has no plans for IPO
News & Analysis

China’s Xiaomi says it has no plans for IPO

China's most valuable start-up Xiaomi is financially self-sufficient and has no plans to raise funds, its global vice-president said on Monday. Xiaomi, the world's fifth-largest smartphone vendor, also has no plans for an initial public offering, Hugo Barra told Reuters in an interview.