Lei Jun Archives - Page 3 of 5

Xiaomi’s Turbulent First Day on the Hong Kong Stock Exchange

Xiaomi debuted on the Hong Kong Stock Exchange today with opening and closing prices lower than expected.

Xiaomi Set to IPO in Hong Kong: World’s Largest IPO Since 2014

According to the Stock Exchange of Hong Kong Limited (SEHK) today, Xiaomi has officially submitted their IPO application documents. Xiaomi is expected to become the first company listed in the Stock Exchange of Hong Kong Limited with a dual-class share structure.

Two Xiaomi Co-Founders Quit Before Anticipated IPO

On April 28, Leijun, CEO of Xiaomi Inc. published an internal letter stating that Zhou Guangping and Huang Jiangji, two co-founders of Xiaomi, have resigned from their positions. According to the letter, the two co-founders “chose a new way of life” for personal reasons and decided to resign from their duties in the company.

Xiaomi India Opens New Headquarters Signalling Great Progress in the Country

On the morning of April 18, Xiaomi CEO Lei Jun, together with Xiaomi co-founder Liu De, senior vice president Wang Xiang, general manager of Xiaomi India Manu Jain and local Indian colleagues, inaugurated Xiaomi India’s new headquarters in a southern city of India.

Xiaomi Rumored to IPO in HK with an Evaluation of $70 Billion

According to Hong Kong Economic Times, Xiaomi is expected to become one of Hong Kong’s first listed companies featuring “same shares with different rights”, and will submit application for going listed in Hong Kong as early as the beginning of May.

Xiaomi Mi 6X Scheduled to Release on April 25 in China

Yesterday, the official MIUI Weibo account announced that there will be news released this morning, and the following morning, the official Weibo account of Xiaomi mobile announced that there will be a Xiaomi Mi mobile phone product launch at Wuhan University on April 25.

Born To Game, Black Shark Gaming Phone with Xiaomi Investments Releasing in 1 Week

Lei Jun, CEO of Xiaomi, confirmed through Weibo that Xiaomi has invested in Black Shark, a gaming phone brand.

Xiaomi to Go Public as Soon as H2 2018 in Unexpected Way

On March 5, National People’s Congress (NPC) representative Lei Jun said in an interview that the dual-class shares implemented in the Hong Kong Stock Exchange is favorable towards internet companies, and thus technology innovators are likely to list their companies in Hong Kong.

Lei Jun: Xiaomi Expects to Enter US Market By End of 2018

Xiaomi is currently preparing for its much-anticipated IPO, and the company will start selling smartphone products in the U.S. as early as this year.

Lei Jun Proposes “Belt and Road” Comprehensive Service Center and Platform

On March 4, Lei Jun participated in the first session of the 13th National People’s Congress (NPC) in 2018 as a member of the Beijing delegation. Lei Jun put forward two suggestions on how Chinese private enterprises could build up brands overseas under the “One Belt One Road” Initiative.

First Xiaomi Store in Philippines Attracts Thousands of Customers

On February 19, Xiaomi opened its first authorized store in the Philippines and attracted more than 2000 people to the store.

Lei Jun : Xiaomi Will Return to No. 1

Xiaomi held its 2018 annual meeting on February 7. Company founder Lei Jun said 2017 was “the year of the reverse and breakthrough”. In October 2017, Xiaomi’s revenue exceeded 100 billion yuan ($15.88 billion). It took Xiaomi seven years to reach this level, which could be compared to Alibaba, Tencent and Huawei.

2018: The Year of Capital for Lei Jun

When talking about Lei Jun, people are as likely to mention his role in Xiaomi as his history as an investor. Lei Jun has already invested in numerous Internet companies. In 2018, Xiaomi is continuing its path to a public listing. 2018 is on track to be the “capital year” for Lei Jun.

Xiaomi Overtakes Samsung as India’s Largest Smartphone Maker in Q4, 2017

Figures from two technology market research firms published on January 25 show that Xiaomi overtook Samsung as India’s largest smartphone maker in the fourth quarter of 2017. Previously, Samsung was the largest smartphone maker in India for six years in terms of sales volume.

Huami Applies for IPO in US, Affects Xiaomi’s Valuation

The US Securities and Exchange Commission (SEC) said on Tuesday that the Huami had submitted an IPO request. That means Huami could soon be listed in the US stock exchange. Huami’s IPO would have a major impact on Xiaomi‘s valuation, as Huami is a Xiaomi eco-chain company.

Xiaomi: Why Do We Do VR? Lei Jun Warns that Prepare for at least Five Years

The Xiaomi MiLab published an article titled “Why Do We Do VR?” on its official Weibo account on November 11. The article disclosed some stories behind Xiaomi‘s VR layout.

Working with Xiaomi: Oculus to Release VR Devices in China

Facebook has just taken a big step forward in VR. Oculus, its VR company, announced on Monday it would launch a VR device in China through a partnership with Xiaomi.

Xiaomi May Aim for IPO in later 2018, Lei Jun Values Business at $200B

Xiaomi Chairman Lei Jun reportedly contacted an investment bank in November 2017 about a potential public listing of the company in the second half of 2018. Lei is said to have set a valuation goal of $200 billion. The company would not comment on the rumors.

Huawei Aims for 200M Handset Shipments in 2018

Huawei’s smartphone shipment target will be 200 million units in 2018, according to a source familiar with the company’s internal planning.

Xiaomi Hosts third Annual “Family Banquet”

Xiaomi Annual invited fans to its third “family banquet” on December 29, 2017.

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