
Viomi Technology Co. Ltd., a supplier of Internet-connected home appliances backed by Chinese smartphone giant Xiaomi, is planning to raise up to US$150 million through an initial public offering on the US stock exchange under the ticker "VIOT", according to company’s IPO prospectus. Viomi will become the second Xiaomi ecosystem company going public, following Huami Corporation, the maker of Xiaomi’s Mi smart wrist band’s IPO in February. Established in 2014, Foshan, Guangdong-based Viomi Technology develops a IoT home platform consisting of an ecosystem …
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