Xiaomi: A Chinese Startup Out To Challenge Google, Amazon

SEOUL, South Korea (AP) — Xiaomi, a Chinese startup that helped pioneer the trend toward ultra-low-priced smartphones, is preparing for what would be the biggest initial public offering since e-commerce giant Alibaba's in 2014. The 8-year-old is a star among the Chinese unicorns, a term that refers to startup companies that are valued at more than $1 billion.Read more on NewsOK.com

Topics:  seoul   south korea ap     xiaomi   alibaba   newsok   chinese   
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