Xiaomi can buy GoPro

In the network appeared information that the company Xiaomi is considering the option of purchasing well-known developer of action cameras, GoPro’s.

GoPro cameras are probably the most well-known on the market, however in the last couple of years, the financial position of the company left much to be desired. Last year, the net loss of the company amounted to 182.9 million dollars, and in 2016, the losses were recorded at 419 million dollars.

Moreover, at the beginning of this year, GoPro announced the reduction of staff, and the exit from the market of unmanned aerial vehicles, refusing to issue quadcopters.

It is not surprising that GoPro is considering the sale of their business. A potential buyer is the company Xiaomi, which is exploring the feasibility of purchasing a GoPro. The transaction is valued at approximately $ 1 billion. Official comments about it yet.

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