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.
Google is investing in a Chinese live streaming platform.
Xiaomi may be the most shining Internet company of 2017. Relying on Mi MIX 2 and eco-chain, the brand has won back fans and cultivated a good reputation. Xiaomi’s mobile phone sales are back in the world’s Top 5 and it met a sales target of hundreds of billions yuan two months ahead of schedule….
Xiaomi plans to invest $1 billion in 100 Indian startups during the next five years, focusing on the construction of its smartphone ecosystem, Xiaomi CEO Lei Jun said in an interview with India Livemint on November 20.