Xiaomi’s forthcoming IPO shows how the rules of business are changing

IN 1987, when Lei Jun was a computer-science student in Wuhan, on the banks of the Yangtze River, he read a book about Steve Jobs and vowed to emulate him. If all goes to plan, this summer Mr Lei will take a leap towards that dream with the flotation of his firm, Xiaomi, at a … Continue reading Xiaomi’s forthcoming IPO shows how the rules of business are changing