Sources: Xiaomi's 2017 profit could exceed $1B based on company's $17B-$18B revenue estimate; $2B profit expected in 2018, making a $100B IPO value "reasonable" (Reuters)

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Reuters:
Sources: Xiaomi's 2017 profit could exceed $1B based on company's $17B-$18B revenue estimate; $2B profit expected in 2018, making a $100B IPO value “reasonable”  —  HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has told bankers it would top its annual revenue target …