Xiaomi reports Q1 revenue up ~50% YoY to ~$15.5B, above ~$15.17B est., as it invests heavily in autonomous EVs and growing its smartphone business (Bloomberg)

Bloomberg:
Xiaomi reports Q1 revenue up ~50% YoY to ~$15.5B, above ~$15.17B est., as it invests heavily in autonomous EVs and growing its smartphone business  —  Revenue reached 111.3 billion yuan ($15.5 billion), beating the average analyst estimates of 109 billion yuan.