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Season 3, Episode 2: The Xiaomi IPO
Acquired
The Impact of Hugo's Company in China
Shalmy is a Chinese mobile phone company based in Beijing. It's now one of the most valuable start up companies in the world. Shalmy has expanded into India, China and other Asian countries. The company was once valued at more than $100 billion. But its valuation dropped to less than half that after some missteps.
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