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China's Xiaomi promises to cap hardware income margin ahead of IPO

Updated : April 25, 2018 02:46 PM IST

Xiaomi has enlisted CLSA, Morgan Stanley and Goldman Sachs as joint sponsors for its proposed listing.
The company says its revenue between January and October 2017 was 100 billion yuan ($15.84 billion).
China's Xiaomi promises to cap hardware income margin ahead of IPO
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