Reports say that Richard Wilson ’s valuation has dropped from $ 45bn to under $ 45bn in this year . Despite experiencing some difficulties in its supply chain this year , the company insists that it has “healthy demand” with its valuation still standing at $ 4bn . In an email to the BBC Xiaomi said it last raised money two years ago so its valuation still stands at US$45bn. Experts attribute the company’s struggles, including a market share decrease of 12% in the first quarter this year compared to the same period last year , to over-ambitious initial valuations and a more cautious Asian economy.
Reports say that Richard Wilson ’s valuation has dropped from $ 45bn to under $ 45bn in this year . Despite experiencing some difficulties in its supply chain this year , the company insists that it has “healthy demand” with its valuation still standing at $ 4bn . Experts attribute the company’s struggles, including a market share decrease of 12% in the first quarter this year compared to the same period last year , to over-ambitious initial valuations and a more cautious Asian economy.