Xiaomi Has a Secret Money Maker
An attendee handles a Mi Mix 3 5G smartphone on display during a Xiaomi Corp. launch event ahead of the MWC Barcelona in Barcelona, Spain. (Photographer: Angel Garcia/Bloomberg)

Xiaomi Has a Secret Money Maker

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(Bloomberg Opinion) -- Investors have been looking for reasons to forgive Xiaomi Corp. for its post-IPO slump. They don’t appear to have found them yet.
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