What justifies Xiaomi’s proposed IPO valuation of US$100 billion?

, , Comments Off on What justifies Xiaomi’s proposed IPO valuation of US$100 billion?

IT was a cold winter night in 2015 when Xiaomi’s founder and CEO Jun Lei (雷军) was standing in his Beijing office, gazing at the TV screen … Xiaomi is seeking to list in Hong Kong in 2018. The IPO is valued at US$100 billion – around a price …
( read original story …)