Xiaomi revenue surges 64%, announces autonomous driving expansion
Xiaomi is acquiring autonomous driving startup Deepmotion for approximately $77.37 million.
China’s Xiaomi says US has formally lifted securities ban
A court filing in May showed the U.S Defense Department would remove Xiaomi from a government blacklist.
Asset manager Nuveen exits sanctions-hit Chinese firms
Nuveen had held positions in several blacklisted companies, including China Telecom.
Smartphone maker Xiaomi to up stake in IoT startup Zimi for $102.84m
Upon closing, Xiaomi will hold a 49.91 per cent stake in Zimi.
Xiaomi to roll out new e-commerce service in India to boost sales during lockdown
The service will be rolled out across India and Xiaomi will continue it after the lockdown ends if it is successful.
Alibaba’s China disconnect a serious blow to Hong Kong
Alibaba can’t be included in the stock connect programme linking Hong Kong with the Shanghai and Shenzhen exchanges at present.
China’s Xiaomi invests $6m in recruitment platform WorkIndia
Xiaomi has also backed the likes of Sharechat, Zest Money and TouchTalent over the past two years.
Chinese smartphone maker Xiaomi launches online lending service in India
The company has partnered with five shadow banking and fintech firms for the service.
Chinese EV startup XPeng Motors raises $400m from Xiaomi, others
Xpeng also secured "several billions of RMB-denominated" unsecured credit lines from banks.
Chinese tech news site 36Kr flops in tough week for US IPOs
The Chinese news website fell 10% in its Nasdaq debut.