Browsing: Lei Jun

Xiaomi’s quarterly profit beat estimates after the world’s third largest smartphone maker narrowed the gap with market leaders Samsung Electronics and Apple in shipments.

Xiaomi, the Chinese smartphone maker that was once the most valuable start-up in the world, is in talks with investment banks about a possible initial public offering and seeking a valuation of at least $50bn, according

Xiaomi, one of China’s most valuable technology start-ups, is shooting for more than 100bn yuan (R190bn) of revenue in 2017, even as it pledged to slow its pace of business expansion and overhaul an online-focused retail strategy. CEO Lei Jun

Xiaomi distributor Mobile in Africa plans to open stores in South Africa focused on promoting and selling the fast-growing Chinese smartphone brand, its head, RJ van Spaandonk, said on Thursday. Mobile in Africa, which is a sister