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Who are the top investors in Xiaomi Technology?
Let’s meet the Chinese smartphone giant’s top investors and top investments. Leo is a tech and consumer goods specialist who has covered the crossroads of Wall Street and Silicon Valley since 2012. His wheelhouse includes cloud, IoT, analytics, telecom, and gaming related businesses.
How much money does Xiaomi make a year?
Image source: Xiaomi. Barra also noted that Xiaomi, which generated $12.5 billion in sales last year, is "self-funded" and the funds it raised during six funding rounds have been "allocated to investments." The company has already invested in over 50 start-ups to expand its ecosystem and diversify its business away from smartphones.
Why is Qualcomm losing market share to Xiaomi?
But that investment doesn't ensure long-term loyalty -- Xiaomi recently developed its own first-party chip for its lower-end devices to cut costs and put cheaper chips from MediaTek in its low-end devices in India. Both moves could cause Qualcomm to lose market share.
When is Xiaomi going to do an IPO?
Many investors have wondered when Chinese smartphone giant Xiaomi, the world's most valuable start-up with a $46 billion valuation, will go public. But back in March, Xiaomi's global VP Hugo Barra told Reuters that the company had "no need to raise more money" and no plans to file an IPO.
Last Update: Oct 2021
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