Season 3, Episode 2: The Xiaomi IPO
Acquired
00:00
What Is Showmy's Business Model?
Showmy has a 54 billion dollar market cap. The way that you could perceive them is like apples, that's primarily around selling hardware. They kind of have this one hardware product and thei'r starting to partner with all these other companies,. But the one hardware product they sell is at a very, very thin margin. It's not like apple in that sense.
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