Xiaomi may consider IPO

www.techinasia.com

CEO Lei Jun has said something other than 'no plan' for an IPO for the first, after admitting that Xiaomi is "not ruling it out." That's hardly a cue for something imminent, but could represent a change in approach. Xiaomi missed its targets last year, and is seen by many as overvalued at $45 billion. It last raised money in December 2014, when it pulled in $1.1 billion.

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