According to the information reported by foreign media, the insider disclosed that Millet, one of the largest smartphone manufacturers in the world, is in talks with banks as early as the first public offering (IPO) in the second half of next year.
Reported that Hong Kong is the most likely place to go, but does not rule out the listing in New York, it can not ensure that the company will promote the IPO.
In the final round of financing in late 2014, millet was valued at about $ 46 billion, making it one of the most valuable private technology companies in the world at the time, even surpassing Uber. Since then, the Beijing-based Start-ups have been trying to maintain their momentum.
On the 12th of last month, at an event organized by the China Copyright Association, Lei Jun, the founder of millet, said he has been working for a long time and does not pursue short-term valuation. "I think we will re-IPO until the business is relatively comfortable . In Lei Jun view, millet is still the focus of innovation at this stage.