Photo: Xiaomi / Facebook The stock of the Chinese smartphone maker Xiaomi Corp seems to be answering to news of the buyback, its biggest, by climbing nearly 7%. Last week the company announced an HK$12 billion (US$1.53 billion) share buyback plan in a reversal of its cash-management strategy that is aimed at boosting its floundering...Read More
It has come to light that the world’s 4th largest smartphone manufacturer, Xiaomi, wants to enter the consumer lending business in the crowded Indian market in the coming weeks, recent news report. China-based smartphone manufacturer Xiaomi has revealed that they will soon enter the consumer lending business in India in the coming weeks. Xiaomi is...Read More
