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Xiaomi said to be exploring options to acquire GoPro

GoPro has been seeing a significant downfall in its market this year, a total of 36% shares were down in 2018 cutting its market capitalization to roughly $700 million. The company even announced that it will exit drone industry. The only ray of hope for GoPro is get acquired by a company so that it can see any lift in the price. Chief Executive Officer Nick Woodman has said he is open to a deal and earlier this year the company hired investment bank JPMorgan Chase & Co. to advise it on a...
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http://www.fonearena.com/blog/249498/xiaomi-acquire-gopro-plans.html

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