Xiaomi supplier Viomi plans US$200mil IPO


HONG KONG: Viomi, a supplier of Internet-connected home appliances to Chinese smartphone giant Xiaomi Corp, is planning a US initial public offering (IPO), according to people with knowledge of the matter.

The four-year-old company could seek about US$200mil in the share sale, the people said, asking not to be identified because the information is private. Viomi aims to list as soon as this year, one of the people said.

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