Sina Technology News December 2 evening news, the Fourth World Internet Conference in December 3, 2017 -5 on the 5th held in Wuzhen, Zhejiang Province, 'to promote the development of the digital economy to open sharing - join hands to build cyberspace fate community' As the theme of the conference attracted the leaders of Internet companies at home and abroad to come to participate, including millet founder and chairman Lei Jun has arrived in Wuzhen, stay at the hotel.
According to foreign media reports recently millet earliest in the second half of next year IPO news, Sina technology site asked Lei Jun, did not get a reply.But millet denied that foreign media reports there is bias.
Earlier this morning, according to the information by foreign media, informed sources said Xiaomi is in the earliest in the second half of next year initial public offering (IPO) and banks to start negotiations.Hong Kong is the most likely place to go listed, but does not rule out the listing in New York, it can not Make sure the company will push 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.
Some media quoted industry analysts said the valuation of Xiaomi next year may reach 69 billion U.S. dollars.
On the 12th of last month, at an event organized by the China Copyright Association, Lei Jun, the founder of millet, said he was a long time to do business and did not pursue short-term valuations. 'I think we will do business more comfortably IPO. 'In Lei Jun view, millet at this stage is still focused on innovation.
Sure enough, this afternoon, Xiaomi denied this news: Millet said the company before the valuation of unlisted, the valuation will be the last time the financing prevail; if no new financing, does not change. 'When the company's performance is good , The valuation is very high.And then the decline in performance, valuation fell. The most telling is the current performance is good, valuations and again to go up, the specific number are proposed out.
In December 2014, Lei Jun announced that Xiaomi completed a new round of financing of 1.1 billion U.S. dollars, valuing the company at 45 billion U.S. dollars.
In fact, this is not the first time that Xiaomi has been IPO, and the re-emergence of millet in 2017 after the downturn in 2015 and 2016 is an important reason for the resurgence of IPO rumors.According to Lei Jun's earlier announcement, millet Has achieved the beginning of the year 70 million units shipped and 100 billion revenue goal.
Lei Jun also repeatedly denied the IPO rumors.In March 2016, Lei Jun said in an interview for the IPO still gave a statement not listed within five years, 'I said that millet is not an IPO is not appropriate, but millet will not be listed and Listing.
He also revealed that Xiaomi has not made a new round of financing since the round of financing in 2014. Currently, there are over 10 billion cash on the account of Xiaomi, which is enough to make Xiaomi well and there is no financial pressure at the moment.
And at another event in 2016, Lei Jun even hinted that millet will not be listed until 2025. "When we started, we said that we would not list for five years, and today we all ask me or not to say that for five years. Today I tell In fact, millet this model, I know it will take 15 years before I founded it.