Xiaomi to sell smartphones in UK through Three
by Samuel Gibbs and Lily Kuo from Technology | The Guardian on (#3P9S8)
'China's Apple' turns focus to west and is set to raise $10bn on Hong Kong stock exchange
The Smartphone maker Xiaomi will begin selling its smartphones in the UK under a partnership with Hutchinson's Three as "China's Apple" turns its attention to the west.
The news came as the firm announced its IPO on the Hong Kong stock exchange seeking to raise at least $10bn (7.3bn), in what could be the largest offering since Chinese e-commerce conglomerate Alibaba's $25bn listing in New York in 2014.
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