US Stock Market: AI-fueled memory supercycle boosts chip stocks while hardware companies struggleThe AI boom is causing a global memory chip shortage. This is creating winners among chip makers like Micron and Samsung, whose shares are ...
13 May, 2026, 10.25 AM IST
Lumio eyes Series A round after $4 million seed fundingLumio, a new home entertainment firm, plans to raise more funds. The company, started by ex-Xiaomi and Flipkart staff, already secured $4 m...
23 Apr, 2026, 04.28 PM IST
Large AI firms hoovering maximum funding, not enough for smaller startups: Y Combinator’s Ankit GuptaAnkit Gupta spoke to ET ahead of the accelerator’s Startup School event in Bengaluru on April 18 — the first in India. In order to tap aspi...
13 Apr, 2026, 11.25 AM IST
Porsche loses speed on a curvy roadPorsche AG's sales dropped significantly in the first quarter. China saw a steep decline in luxury spending, impacting deliveries. Model ch...
11 Apr, 2026, 08.08 AM IST
Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuationDigital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last pri...
08 Apr, 2026, 09.31 AM IST
China's Xiaomi posts first quarterly profit fall in three yearsXiaomi's quarterly profit saw its first drop in three years. This happened as the company faced higher costs and tougher competition. Howev...
24 Mar, 2026, 04.21 PM IST
Xiaomi's second-quarter revenue up 30.5%, boosted by smartphonesThe world's third-largest smartphone maker became the bestselling smartphone brand in Southeast Asia in the second quarter and took second ...
19 Aug, 2025, 06.04 PM IST
China's Xiaomi raises $5.5 billion in share sale as EV plans ramped upThe company sold 800 million shares at HK$53.25 each, it said in a statement to the Hong Kong Stock Exchange. The world's third-largest sma...
25 Mar, 2025, 12.56 PM IST
Xiaomi eyes $5.3 bn ride on Hang Seng bullsXiaomi Corp began a share sale aiming to raise up to $5.3 billion for its electric vehicle business, offering 750 million shares at a disco...
25 Mar, 2025, 12.47 AM IST
Xiaomi shares pricing ‘near-perfect execution’ after 300% rallyXiaomi's stock has surged 340% in a year, making it one of China’s most expensive tech stocks. Investors await its earnings and the launch ...
14 Mar, 2025, 04.25 PM IST
Anti-competitive, monopolistic and a felony in aiding e-commerce: Mobile retailers on Xiaomi’s offline strategyMobile handset retailers, in a response to Xiaomi India's recent letter, has replied saying the smartphone company’s approach towards mainl...
03 Sep, 2021, 10.04 AM IST
Mobile retailers’ campaign ‘slanderous’, rues XiaomiSunil Baby, senior director of offline sales at India’s top smartphone maker, in a recent letter to the All India Mobile Retailers Associat...
26 Aug, 2021, 07.04 AM IST
One theory why Xiaomi's stock buyback hasn't sparked a reboundThe Chinese smartphone maker said it’s bought almost 20 million of its Class B shares since Jan. 17.
23 Jan, 2019, 01.22 PM IST
Xiaomi sinks after billions of shares are unlocked for saleXiaomi has dropped to HK$10.58 from a listing price of HK$17, falling another 4.7 per cent.
09 Jan, 2019, 01.17 PM IST
Soros, Hillhouse place orders in $6.1 billion Xiaomi IPOXiaomi had attracted cornerstone investments from Qualcomm Inc. and China Mobile Ltd. for the deal.
29 Jun, 2018, 12.11 PM IST
Xiaomi to build 'Mi Homes' in India to boost offline salesThe company will launch its first such store in Bengaluru later this month before launching similar stores in Delhi, Mumbai, Chennai and Hy...
12 May, 2017, 10.54 AM IST
Xiaomi aiming for India No. 1 slot in 3-5 years: Lei JunJun said Xiaomi will be able to capture largest market share in three to five years, on the back of sustained efforts and the proven model ...
19 Oct, 2016, 03.23 PM IST