
Smart Projector Firm JMGO Secures $157M in Financing
JMGO, a smart projector brand, has secured 1 billion yuan ($157 million) in new financing. The co-investors were OPPO, IDG and Lexun Tiancheng.
3/16/20223 min read
Showing 3 of 3 posts with this tag
JMGO, a smart projector brand, has secured 1 billion yuan ($157 million) in new financing. The co-investors were OPPO, IDG and Lexun Tiancheng.
Xgimi Technology announced on Thursday that it achieved an operating income of 1.687 billion yuan ($259 million) in the first half of 2021. Meanwhile, its net profit reached 193 million yuan, a significant year-on-year increase of 98.06%.
Shenzhen Huole Technology Development Co., Ltd., the parent company of JMGO, has added OPPO subsidiary Xunxing Investment (Chongqing) Co., Ltd. as a shareholder, maintaining 1.7699% of shares.