Xiaomi the money: A guide to the biggest IPO of 2018

Image credit: Sony Pictures

Xiaomi, a startup of scale,
now surely too big to fail,
is raising more money
so its iconic bunny
can reach the $100 billion holy grail.

Here’s a collection of the hottest stats on Xiaomi’s upcoming IPO:

Note: Xiaomi’s steep 2017 net loss was mostly the result of a fair value change to its redeemable convertible preferred shares. In other words, the decline wasn’t caused by operating activities, but a drop in the value of its shares.