Saturday, December 9, 2017

Xiaomi angling for $50B valuation in IPO next year

Keith Pogson, a senior partner for Financial Services (Asia Pacific) at EY, said that the “market is hot for tech companies, especially tech companies with China ties”, and noted that $50B was not a “preposterous” valuation. Analyst Richard Windsor meanwhile noted that “the comparisons to the torrid time ...

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