Xiaomi is estimated at nearly $ 70 billion

According to new rumors, Xiaomi is preparing for an initial public offering of securities on the stock exchange (IPO). And it on the new York stock exchange.

This will allow the company to attract additional investment, although even now Xiaomi is estimated at $ 69 billion. For comparison, only three years ago the company was worth 45 billion.

It is expected that the annual revenues of Xiaomi this year will amount to about 16.8 billion dollars, and smartphones will be sold over 70 million

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