Chinese Company Xiaomi is Considering to Buy GoPro

We know GoPro has been for sale for quite some time, and according to a report in The Information, the Chinese electronics company Xiaomi is considering an offer to buy action-cam makers GoPro. GoPro could potentially fetch $1 billion based on the price that Hewlett Packard paid for Palm.

GoPro Inc. jumped as much as 8.8 percent after a report said Chinese electronics maker Xiaomi Corp. has weighed whether to make an offer for the action-camera maker.

Via: Bloomberg, DPReview