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Xiaomi profit

IPO hopeful Xiaomi set to blow past 2017 revenue target: Sources

IPO hopeful Xiaomi set to blow past 2017 revenue target: Sources

Fri, Dec 22, 2017

Xiaomi, which has been hearing bank pitches for what could be the world`s biggest tech float next year, will rake in a net profit of at least $1 billion in 2017, banker projections based on the company`s revenue estimate of $17 billion to $18 billion show. Profits are estimated to reach about $2 billion in 2018.  

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