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Chinese Smartphone Giant Xiaomi Readies Mega IPO

  • Reuters, Thursday, May 3, 2018 10:42 PM
Chinese smartphone giant Xiaomi filed for will likely be a massive IPO on Thursday. “It could raise about $10 billion in the largest listing globally in almost four years,” Reuters reports. “The listing is expected to give Beijing-based, Cayman-domiciled Xiaomi a market value of between $80 billion and $100 billion.”

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