4. Xiaomi's Record-Breaking IPO and Baidu's New Finance Spinoff

Pandaily.com是一家向世界科技社区介绍中国创新的英文媒体，而TechBuzz China by Pandaily是其旗下向硅谷介绍中国创新的英文播客。TechBuzz China by Pandaily is a weekly technology podcast that is all about China's innovations. It is co-hosted by Ying-Ying Lu and Rui Ma who are both seasoned China watchers with years of experience working in the technology space in China. They share and discuss the most important tech news from China every week with commentaries from investors, industry experts and entrepreneurs.This week on TechBuzz China, our hosts Rui Ma and Yin-Ying Lu discuss two big stories in China tech. First, Rui talks about the upcoming initial public offering of Xiaomi which will be the world's biggest since Alibaba's debut in 2014, and Ying-Ying shares the news of Baidu's new financial services spinoff called Du Xiaoman Financial that is already valued at $4 billion. Rui and Ying-Ying takes you back to the history of Xiaomi and takes a close-up look at its legendary founder and CEO, Lei Jun. Why should Lei Jun be compared to Elon Musk instead of Steve Jobs, and why is Xiaomi going public in just 8 years after its founding? Ying-Ying then gives you inside dish on the new Du Xiaoman Financial that's raising $1.9 billion at a $4 billion evaluation. Rui shares how Alibaba and JD.com and done the same in the past and how these moves skews the capital raising data from China. What does the move really mean for Baidu and how does it echo the disaster of LeEco? Tune in to find out! As always, you can find these and other stories at pandaily.com and don't forget to follow us on twitter at @thepandaily and like our Facebook page!