Xiaomi-backed home appliances supplier Viomi submits U.S. IPO papers

Xiaomi-backed home appliances supplier Viomi submits U.S. IPO papers

A "MI" logo stands outside the main entrance of the Xiaomi Corp. headquarters in Beijing, China. Photographer: Edmond Lococo/Bloomberg

Viomi Technology Co., a provider of internet-connected home appliances to Chinese smartphone giant Xiaomi Corp., filed for a U.S. initial public offering.

The four-year-old company in a regulatory filing Tuesday listed the offering size as $150 million, a placeholder amount that could change. The company planned to seek $200 million in a listing, people familiar with the matter previously said.

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