Xiaomi has made investments in 10 startups in India, several of which align with its strategy of building internet services, such as social...

Co-founded by billionaire Lei Jun, Xiaomi has a market value of about $50 billion, a far cry from the $100 billion touted last year.

Xiaomi had attracted cornerstone investments from Qualcomm Inc. and China Mobile Ltd. for the deal.

Xiaomi priced its share offering at HK$17 per share ($2.17), the bottom of a price range of HK$17 to HK$22.

Xiaomi started marketing the deal to investors Thursday, touting cornerstone investments from US wireless-chip giant Qualcomm Inc. and SF H...

The Beijing-based company has a fair value of about $65 billion to $85 billion.

Xiaomi filed a prospectus for an IPO in Hong Kong last month.

People close to the deal had built up the idea that Xiaomi could raise at least $10 billion at a valuation of $100 billion, which would mak...

Xiaomi last week filed for a debut that will value the company at $50 billion to $100 billion.

Manu Jain, 37, is the only foreigner among the 10 employees on board and senior management team who has shares allotted under ESOP.

Xiaomi has mega plans to diversify into several segments including high-margin products such as electric vehicles and fast-track segments s...

Xiaomi could be the biggest IPO since Alibaba Group Holding $25 billion debut in 2014.

Xiaomi, which raised money at a $45 billion valuation in 2014, could be the biggest IPO since Alibaba Group Holding Ltd’s $25 billion debut.

Xiaomi does deserve credit for its incredible turnaround, which includes a standout 2016.

The Beijing-based company is considering an offering as soon as next year with banks suggesting Hong Kong as the most likely destination.

Xiaomi has gained momentum in recent months after stumbling against local rivals.

The company which has dominated China's smartphone market is talking to investors and banks to roughly raise about $1.5 billion.