The Chinese firm is steadily gaining in price.
Xiaomi company earlier this year said that this year plans to sell 70 million smartphones and earn 100 billion yuan before the end of the year.
There is good reason to believe that Xiaomi will overcome the mark of 70 million of sales in October, two months before the end of the year. The Chinese company in September sold 10 million smartphones, and the month isn’t over.
Given the results of the financial activities of the company, this year Xiaomi can earn 109.75 billion yuan ($16.8 billion). Financial analysts predict a net worth of $69 billion using the same tools in 2014 have been calculated the value Xiaomi at $45 billion.
We have the information that Xiaomi is negotiating for the IPO to attract more investors and thereby help the company to reach new horizons.
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