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  1. This chart shows Xiaomi’s big India bet after mega IPO filing

This chart shows Xiaomi’s big India bet after mega IPO filing

Xiaomi Corp, the world’s number 4 phone maker, has filed for what’s expected to be the biggest initial public offering globally since 2014 with a valuation as high as $100 billion, according to people familiar with the matter.

By: | Published: May 4, 2018 12:16 PM
Xiaomi, Hong Kong IPO, smartphone, Chinese smartphone By the end of last year, Xiaomi had topped Samsung Electronics Co. to lead sales charts in India.

Xiaomi Corp, the world’s number 4 phone maker, has filed for what’s expected to be the biggest initial public offering globally since 2014 with a valuation as high as $100 billion, according to people familiar with the matter. After a challenging 2016, the Chinese company scaled back operations elsewhere to focus on markets including India, targeting that country’s first-time phone buyers.

Here’s what chart shows

By the end of last year, Xiaomi had topped Samsung Electronics Co. to lead sales charts in India.

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