China's Xiaomi books $1 billion quarterly loss ahead of blockbuster IPO

China's Xiaomi books $1 billion quarterly loss ahead of blockbuster IPO

6 years ago
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https://www.reuters.com/article/us-xiaomi-results/chinas-xiaomi-books-1-billion-quarterly-loss-ahead-of-blockbuster-ipo-idUSKBN1J70GW

Chinese smartphone maker Xiaomi booked a first-quarter net loss of 7 billion yuan ($1.09 billion) ahead of its blockbuster initial public offering.

China's Xiaomi books $1 billion quarterly loss ahead of blockbuster IPO

Jun 11, 2018, 7:33am UTC
https://www.reuters.com/article/us-xiaomi-results/chinas-xiaomi-books-1-billion-quarterly-loss-ahead-of-blockbuster-ipo-idUSKBN1J70GW >Chinese smartphone maker Xiaomi booked a first-quarter net loss of 7 billion yuan ($1.09 billion) ahead of its blockbuster initial public offering.