In IPO Letter, Xiaomi CEO Explains Innovation at `Honest' Prices
Xiaomi Files For World's Biggest IPO Since 2014
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What follows is an open letter from Xiaomi Corp. co-founder and Chief Executive Officer Lei Jun included in the company’s initial public offering documents filed in Hong Kong on May 3.
Thank you for your interest and support for Xiaomi. As you read this document, I hope you not only see a fast-growing and thriving company, but more importantly, understand how we pioneered an amazing, innovative business model underpinned by courage and trust.