Xiaomi is currently in the process of purchasing the smart car start-up DeepMotion Tech Limited for USD 77.37 million. In a conference call after Xiaomi's second-quarter revenue report, wherein the Chinese tech giant reported a 64% increase in total revenue, Xiaomi President Wang Xiang said the company has already solidified its purchase of the autonomous driving technology firm DeepMotion. To complete Xiaomi’s full purchase of DeepMotion Tech Limited, they have entered into a share purchase agreement with the smart car start-up. The overall acquisition is estimated at USD 77.37 million, whereupon completion of the agreement, DeepMotion Tech Limited will become a fully-owned subsidiary of Xiaomi Corporation. Read more in our articles including "Xiaomi acquires smart car start-up 'DeepMotion' for USD 77.37M" and "BPI partners with Robinsons Retail for barcode cash deposits in stores".
Xiaomi is currently in the process of purchasing the smart car start-up DeepMotion Tech Limited…
Aug 26, 2021
Bank of the Philippine Islands (BPI) has partnered with Robinsons Retail Holdings, Inc. (RRHI) to…
May 8, 2026
Shopee has launched the official Beats Flagship Store in the Philippines, expanding access to the…
Apr 29, 2026
Lenovo has announced a global partnership with David Beckham. The collaboration focuses on the use…
Apr 2, 2026
At the height of war, there were Qualcomm’s Snapdragon chipsets, engaged in heated battle against…
Mar 25, 2026
The Department of Information and Communications Technology (DICT) and Cybercrime Investigation and Coordinating Center (CICC)…
Mar 19, 2026Xiaomi is currently in the process of purchasing the smart car start-up DeepMotion Tech Limited for USD 77.37 million. In a conference call after Xiaomi's second-quarter revenue report, wherein the Chinese tech giant reported a 64% increase in total revenue, Xiaomi President Wang Xiang said the company has already solidified its purchase of the autonomous driving technology firm DeepMotion.
To complete Xiaomi’s full purchase of DeepMotion Tech Limited, they have entered into a share purchase agreement with the smart car start-up. The overall acquisition is estimated at USD 77.37 million, whereupon completion of the agreement, DeepMotion Tech Limited will become a fully-owned subsidiary of Xiaomi Corporation.
Our coverage of DeepMotion Tech Limited includes: "Xiaomi acquires smart car start-up 'DeepMotion' for USD 77.37M"; "BPI partners with Robinsons Retail for barcode cash deposits in stores"; "Shopee opens official Beats store in PH". Each article provides unique insights and information.