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What does the stock symbol for Xiaomi look like?

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Quick Answer

Xiaomi is a private company, as of 2015, and it does not trade on any financial markets, according to Bloomberg Business. Xiaomi is a technology company based out of China that offers low-cost smartphones and mobile applications.

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Full Answer

Lei Jun founded Xiaomi on April 6, 2010. Since then, the company has built a reputation as the “Apple of China,” claims GizChina.com. In 2014, Xiaomi sold 61 million handsets around the world. At the time, Xiaomi was the sixth-largest mobile phone company in the world. The company continues to expand across the globe by selling devices and applications in a few Southeast Asian markets and striking deals with South Korea and India. The company releases very little financial information and has not formally announced an initial public offering, reports The Economist.

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