What Justifies Xiaomi’s Proposed IPO Valuation of US$100 Billion? (The Asset)
Xiaomi’s potential IPO is arguably the most anticipated deal in Hong Kong, and not just for its size (it could be the largest technology IPO since Alibaba in 2014), but also due to the incredible speed at which Xiaomi recovered from a sharp decline in shipment volume in 2015 and 2016. In Q4 2017, the Chinese mobile phone unicorn was again ranked among the top four mobile phone manufacturers globally, behind only Samsung, Apple, and Huawei. READ ME
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