久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Technology

Xiaomi IPO plan reportedly eyes $200b valuation

By Ma Si | China Daily | Updated: 2018-01-09 08:03
Share
Share - WeChat
Employees of Xiaomi Corp test the company's gadgets at a product launch event in Beijing. [Photo provided to China Daily]

Xiaomi Corp plans to go public in the second half of 2018, reportedly seeking a valuation of up to $200 billion, as the smartphone firm steps up its globalization efforts.

If the valuation is recognized, Xiaomi would be the biggest technology initial public offering after Alibaba Group Holding Ltd, which raised a record-breaking $25 billion for a $231.4 billion market value in 2014.

Xiaomi is considering an IPO in either Hong Kong or New York, news.163.com said on Monday, quoting people familiar with the matter.

Lei Jun, CEO of Xiaomi, had discussed the IPO plan, including the $200 billion valuation target, with investment banks last November. In addition, senior executives have also informed several employees of the impending public issue, the report said.

"Some people are already offering to buy our options based on a valuation of $95 billion," a Xiaomi employee was quoted as saying.

Xiaomi declined to comment on the story.

Xiaomi was valued at $46 billion in its latest funding round in 2014. After struggling with declining sales in 2016, the Beijing-based company managed to revive growth last year, partly by opening offline retail stores and expanding presence in overseas markets, especially in India.

The company said it has topped the annual revenue goal of 100 billion yuan ($15 billion) by the end of last October, without disclosing details on profits.

Shen Meng, director of boutique investment bank Chanson & Co, said it seems a good timing for an IPO, as the company is back on the rapid expansion track.

"But the $200 billion valuation is undoubtedly too high even by the standards of Chinese companies' high price-to-earnings ratio. Xiaomi's market performance can by no means support that," Shen said. "Something between $50 to $100 billion is more likely."

Xiang Ligang, CEO of telecoms industry website Cctime, said Hong Kong would be a better destination for Xiaomi than New York, because local investors know more about Chinese mainland companies and may give them a higher valuation.

In the third quarter of last year, Xiaomi caught up with Samsung to become the largest smartphone brand in India, the fastest-growing major smartphone market. It occupied 23.5 percent of the local market with a shipment of 9.2 million units, marking a 300 percent year-on-year jump, data from the research company International Data Corp show.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 亚洲成人高清 | 亚洲欧美日韩成人一区在线 | 久久精品视频在线观看榴莲视频 | 成年人免费网站在线观看 | 免费精品久久 | 欧美69视频 | 亚洲精品视频免费在线观看 | 很黄很色的免费视频 | 亚洲精品久久久中文字 | 亚洲美女一级片 | 日韩一级影院 | 精品免费久久久久久成人影院 | 一区二区日韩欧美 | 自拍偷拍亚洲区 | 国产一级片免费观看 | 草草免费视频 | 美女张开腿黄网站免费国产 | 欧美一区=区三区 | 国产欧美一区二区另类精品 | 午夜专区 | 韩国欧洲一级毛片 | 亚洲伊人色综合网站亚洲伊人 | 成年女人免费视频播放成年m | 中文字幕在线免费观看视频 | 男女视频免费网站 | 欧美变态一级毛片 | 成人网视频在线观看免费 | 国产日韩欧美精品在线 | 最新日韩欧美不卡一二三区 | 成人a视频在线观看 | 中文字幕欧美亚洲 | 欧美在线一级视频 | 加勒比色久综合在线 | 特黄特色一级特色大片中文 | 亚洲精品美女在线观看播放 | 久草网在线 | 香蕉久久a毛片 | 免费精品久久久久久中文字幕 | 18免费视频 | 国产男女 爽爽爽爽视频 | 九九综合|