Xiaomi IPO Is Said to Raise $4.7 Billion After Low-End Pricing

The video discusses Xiaomi's challenges with its dual listing and the mismatch between its ambitions and Chinese regulatory requirements. Initially aiming to raise $10 billion, the company now expects to raise half. Xiaomi plans to list on the mainland eventually, but this is currently on hold. The company must deliver concrete numbers to investors and the government, facing scrutiny as it breaks new ground. Operationally, Xiaomi has turned around by focusing on the Indian market, despite being a money-losing company with low margins. The future success of its Chinese depositary receipts will depend on its operational performance.

What was the initial fundraising goal for Xiaomi's dual listing?

• $5 billion

• $10 billion

• $15 billion

• $20 billion

What must Xiaomi deliver to both investors and the Chinese government?

• A new product line

• Concrete numbers

• A partnership with another tech company

• A marketing campaign

What market has Xiaomi identified as a growing opportunity for smartphone sales?

• United States

• South America

• Europe

• India

What is Xiaomi's strategy for their hardware business?

• Variable margins

• Razor thin margins

• High margins

• No margins

How does Xiaomi plan to compensate for their low hardware margins?

• By cutting marketing costs

• By increasing product prices

• Through services

• By reducing workforce