VC-backed Chinese wearables maker seals $110m US IPO
Huami, a Chinese wearables manufacturer that has a strategic relationship with smart phone maker Xiaomi and several venture capital backers, has raised $110 million in its US IPO.
The company sold 10 million American Depository Shares (ADS) at $11.00 apiece, which represents the mid-point of the $10.00-12.00 indicative range, according to a filing. The offering comprised entirely...
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