After smart band maker Huami, another Xiaomi partner completed its IPO within just one year. Chinese smart home product maker Viomi (云米) landed on Nasdaq September 25 pricing its stocks on the lower end at $9 per share.

Viomi’s shares closed at $9.08 at the first day allowing the company to raise around $103 million through its IPO.

Founded in 2014, the company offers IoT products and smart home appliances which can be controlled not only through an app but also by voice command. The company developed its own smart control platform IoT@Home which has attracted 1.2 million users by the end of June 2018.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Runhua Zhao

Runhua Zhao is a technology reporter based in Beijing. Connect with her via email: runhuazhao@technode.com