Xiaomi files for an IPO in Hong Kong

Smart Android And Trik-Commenting on Andorid indeed never endless, because smart devices this one is often updated every certain amount of time. So that the market can always be garapnya menerinya with pleasure. And it is not denied if this device has become the lifestyle of each society. To not wonder if the 6th business information and many are turning to mobail smartphone. With Android which thoroughly dominated the mobile industry, choosing the best Android smartphone is almost identical to choose the best smartphone, period. But while Android phones have few real opponents on other platforms, internal competition is intense.

From the sleek devices impress with the design premium, up to a full plant furniture features, to a very good device, and affordable mobile phone has a heavy weight, the Android ecosystem inhabited by a diverse range of attractive mobile phone Xiaomi files for an IPO in Hong Kong Xiaomi files for an IPO in Hong Kong,But "oversize" are subjective, and sometimes pieces of the specification and a list of features is not enough to get an idea of how good a phone. In this roundup, we look at the absolute best-the Android phone you can't go wrong with. The habits of young people or to accentuate trand blindly lifestyle, make this a medoroang this clever device industry vying to do modifications to the device, with a distinctly vitur vitur-tercanggihnya. So it can be received over the counter Xiaomi files for an IPO in Hong Kong

Xiaomi has filed an IPO in Hong Kong, marking the first tech company listing in the special administrative region in recent times. This is a result of loosened rules for allowing companies with multiple classes of shares to raise equity.

The report from Bloomberg says Xiaomi is looking to raise at least $10 billion in the IPO, valuing the company at $100 billion. This will most likely be the biggest offering for a tech company in 2018 and the biggest since Alibaba’s IPO for $25 billion in 2014.

The initial public offering lets public investors join the company that was just pronounced 4th largest smartphone

manufacturer in the world by Strategy Analytics.

The filing revealed 30% of the raised money will be used for AI and IoT ecosystem, 30% for R&D and 30% for global expansion. The remaining 10% are left for operating capital. There is no threat for Lei Jun who will keep his co-ownership with Lin Bin after the IPO through a special class of shares.

In addition to its booming smartphone business, Xiaomi also backs up dozens of startups and total sales from its ecosystem doubled in 2017 to reach CNY 20 billion or about $3.15 billion / €2.6 billion.

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