Xiaomi Ipo

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Xiaomi’s IPO raised $. billion at a valuation of about $ billion the world’s biggest tech or telecom listing since Alibaba raised more than $ billion in , according to data provider Dealogic..Days ago Xiaomi shares flopped on their Hong Kong market debut but the deal has made a few men very, very rich..Days ago Xiaomi struggled in its debut on the Hong Kong stock market Monday morning, with its shares falling by nearly percent. As the Chinese phone manufacturer maker made its IPO, its shares were .Xiaomi has picked Citic Securities, Goldman Sachs and Morgan Stanley as joint sponsors for its proposed IPO..Xiaomi makes money mainly from smartphones but is trying to expand to other areas including services and smart home products..Xiaomi has filed for an IPO in Hong Kong, with a funding target that could value the company as high as $ billion..Chinese smartphone maker Xiaomi could be gearing up for a IPO next year, according to a recent Bloomberg report. The public offering could value Xiaomi at over $ billion, compared to a valuation of $ billion after its last funding round in . That’s much lower than the $ billion valuation .Chinese smartphone maker Xiaomi [IPO XMGP.HK], lining up for a $ billion IPO, held a rock concert style launch on Thursday to unveil its latest flagship smartphone and a virtual reality headset developed with Facebook Inc’s Oculus..Days ago As far as initial public offerings go, the recent Xiaomi IPO didn’t shape up as a smashing success. Indeed, this is the same Xiaomi from two weeks ago, two months ago and even two years ago..Days ago When shares of Xiaomi, the world’s fourth largest smartphone maker, trade on Monday, will they deliver a performance strong enough to wipe off the blemish of a disappointing subscription demand and weak pricing for the initial public offering.

 

Bankers expect Xiaomi’s profits to rise sharply in as its rebound continues, and have told the company valued at $ billion in a funding round before its slump that a $ billion valuation at IPO is possible..Xiaomi’s IPO will be one of the largest listings of any company globally in almost four years, since Alibaba’s public listing in . And its impact will be felt substantially in India, Xiaomi’s largest market outside its home country of China..Xiaomi shares flopped on their Hong Kong market debut but the deal has made a few men very, very rich..Xiaomi’s IPO raised $. billion at a valuation of about $ billion the world’s biggest tech or telecom listing since Alibaba raised more than $ billion in , according to data provider Dealogic..

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