Saturday, June 23, 2018

Xiaomi seeks to raise up to $6.1 billion in Hong Kong IPO

Xiaomi Corp.says it seeks to raise up to $6.1 billion in the upcoming initial public offering that would value the Chinese smartphone maker at as much as $70.3 billion.

from Gadgets Now https://ift.tt/2yAKkxJ

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...