Xiaomi Cuts Valuation to $55 billion-$70 billion: Report - Tech news daily

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Tuesday, 19 June 2018

Xiaomi Cuts Valuation to $55 billion-$70 billion: Report

Xiaomi Corp is using a range of $55 billion to $70 billion in its discussions with potential cornerstone investors ahead of the planned launch of its Hong Kong initial public offering (IPO) later this week, two sources said.

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