News that Meizu is negotiating $1 billion in financing

On February 5th, some media said that "Meizu is negotiating a new round of 8 to 1 billion US dollars to prepare for IPO", TechWeb verified this news to Meinan Vice President Li Nan, Li Nan told TechWeb, "Financing does not know, IPO Huang total confirmation Over."

The news that Meizu is ready to go public in 2016, Huang Zhang, the founder of Meizu Technology, has already revealed. On January 22, 2016, Huang Zhang announced on his personal real-name certification Weibo that "Maizu sales exceeded 20 million units in 2015. In 2016, our goal is to stabilize growth, create profits, and advance into IPO. I wish you all a happy New Year!"


The media exposed the news that Meizu is financing, Li Nan told TechWeb that "financing does not know." When TechWeb continued to ask, "I don't know if the financing is still a specific financing amount?" As of press time, Li Nan did not give an answer.

On July 21, 2014, Meizu completed the first round of financing, Meizu sold 10% of the shares, the financing amount was more than 2 billion yuan, and the company's valuation exceeded 20 billion yuan. On February 9, 2015, Meizu received a US$650 million investment, of which Alibaba invested US$590 million.

After getting Ali investment, the development of Meizu was called "development into the fast lane" by some media. At the year-end media communication meeting, Li Nan announced that the total sales volume of Meizu mobile phones exceeded 20 million units in 2015, a year-on-year increase of 350%. For the Meizu mobile phone sales forecast in 2016, Li Nan also set a target of 25 million units. (Wang Kaka)