Xiaomi’s initial public offering could be just around the corner. It was reported earlier this month that Xiaomi could file an IPO in Hong Kong in May based on a valuation of $70 billion. And now, according to new information, it appears Xiaomi will be seeking to raise as much as $10 billion once it goes public.
If this is true, it would make Xiaomi’s IPO the largest of 2018 so far, with the company’s listing expected to take place on the Hong Kong Stock Exchange. Unlike streaming giant Spotify, though, Xiaomi is set to take a much more traditional approach to going public, with a ...
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