Huami Technology Seeks New Funding On $1B Valuation

mibandChinese smart wristband maker Huami Technology, which makes the Mi Band fitness tracker for Xiaomi Inc. as a manufacturing partner, is reportedly seeking a new round of financing on a US$1 billion valuation. The company plans to use the proceeds to expand globally including entering the U.S. consumer market. The Mi Band has sold more […]

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Read the original article: China Money Network