HMD Global collects US $ 100 million to support the next growth phase
Follow - up / ... announced HMDGlobal, an emerging company in Finland has the right to develop Nokia phones, it was able to collect an additional amount of US $ 100 million from a number of investors in order to expand the scope of business operations and support the company 's growth in its second year. This investment round was led by Ginko Ventures in Geneva through Alpha Ginko Limited with the participation of DMJ Asia Investment Opportunity Limited and Wonderful Stars Pte Ltd, a subsidiary of FIH Mobile Limited.
Following the recent financing round, HMD's global market value now stands at more than US $ 1 billion, giving it the Unicorn rating, or start-up companies of over US $ 1 billion. The company plans to expand its portfolio of Nokia smartphones in 2018 and plans to double its access to new channels in strategic markets while continuing to provide innovative products in the markets where it is of great importance to consumers.
"We are pleased to have these investors join us in the next chapter of the Nokia Walk," said Florian Cechy, Chief Executive Officer of HMDInternational, Inc. "We aim to provide smart phones that are delightful for our brand enthusiasts, "We are also one of the world's leading smartphone makers, and the success we have achieved to date provides us with the confidence to continue the growth path in 2018 and beyond."
The company was established on 1 December 2016 and has shipped more than 70 million Nokia branded phones in its first year, and has increased sales in more than 80 countries with phone activation from 170 countries. Today, Nokia phones are sold in more than 250,000 retail outlets around the world with more than 600 direct dealers committed to the next phase of Nokia's global mobile journey. In fiscal year 2017, HMD International recorded total revenues of 1.8 billion euros (US $ 2.13 billion) with an operating loss of 65 million euros (US $ 77 million).
Around the world, enthusiasts around the world have demonstrated a new enthusiasm and enthusiasm for Nokia's new portfolio of Android smartphones. HMD International intends to win the hearts and minds of the new generation of consumers, urging two-thirds of consumers who buy a Nokia phone today under the age of 35. Four out of five consumers recommend Nokia smartphones to their friends and family. More than 150,000,000 visits have been registered at Nokia.com/phones since January 2017.
"We are very pleased and honored to participate in the next phase of Nokia phones and we are very pleased with the results of this investment round," said Jean-Francois Barrell, managing director and founder of Ginko Ventures and a member of HMD's global board . With the Nokia brand, this is a very interesting journey for me, and from its home in Finland, HMD International has chosen to pursue a flexible strategy aimed at strengthening its global relationships and enhancing its contribution to its exceptional growth. "
Since the 2017 World Mobile Congress, the emerging Finnish company has introduced 16 new devices and forged global partnerships with major global companies such as Google and ZICE , in addition to its long-term strategic partnership with Nokia and FIH. In addition, HMD World at the World Smartphone Conference 2018 announced that it will become the leading global partner of Android One , Google's leading Google Android system, committed to manufacturing a full portfolio of Nokia smartphones powered by Android One. "
http://aynaliraqnews.com/index.php?aa=news&id22=99013
Today at 6:45 am by Rocky
» Parliamentary Finance Committee discusses amending the three-year budget
Today at 6:40 am by Rocky
» utube 11/26/24 MM&C MM&C Iraq News-Central Bank Iraq-Monetary Stability Excellent-Budget Law 2023,
Today at 5:19 am by Rocky
» "Rich Iraq" seeks "money" to combat methane emissions: internal and external obstacles
Today at 5:13 am by Rocky
» Increase in foreign remittance sales at the Central Bank of Iraq auction
Today at 5:12 am by Rocky
» Its area is 2.5 million acres, and these are its details.. Work begins on a "large" residential city
Today at 5:09 am by Rocky
» Kurdistan Finance delivers employees' salary schedule to the federal government
Today at 5:08 am by Rocky
» Beggars are sweeping the streets of Iraq.. Their numbers are "large" and 90% of them receive welfare
Today at 5:07 am by Rocky
» Settling tax trust claims
Today at 5:05 am by Rocky
» Launching the National School Health Strategy
Today at 5:04 am by Rocky
» Approval to implement service projects in Babylon
Today at 5:02 am by Rocky
» New container handling berths at ports
Today at 5:02 am by Rocky
» Work: Demand for registration in social security
Today at 5:01 am by Rocky
» Reconstruction: Land Bank to be completed next year
Today at 4:59 am by Rocky
» Aiming to enhance services in schools and prevent diseases, the National School Health Strategy for
Today at 4:58 am by Rocky
» Karmian Festival witnesses the conclusion of commercial and industrial contracts
Today at 4:57 am by Rocky
» Focus on the banking sector
Today at 4:56 am by Rocky
» Minister of Trade: Studies Center is a turning point that serves the Iraqi economy
Today at 4:55 am by Rocky
» Economists: Census is a roadmap for development
Today at 4:54 am by Rocky
» Today's newspapers are interested in Al-Sudani's announcement that the population of Iraq exceeds 45
Today at 4:53 am by Rocky
» International Development Bank: Today's incident was an extortion attempt that did not affect our wo
Today at 4:48 am by Rocky
» thirty-sixth session, chaired by the Minister of Planning
Today at 4:47 am by Rocky
» Closed meeting of the Parliamentary Finance Committee to discuss seven files
Today at 4:46 am by Rocky
» The demographic boom in Iraq: an economic opportunity or a social burden?
Today at 4:44 am by Rocky
» Al-Sudani confirms to Russian delegation Iraq's desire to establish a mechanism that brings mutual b
Today at 4:42 am by Rocky
» Parliament holds its session headed by Al-Mashhadani and attended by 168 MPs
Today at 4:41 am by Rocky
» The Iraqi government deducts 1% of the salaries of employees and retirees to donate to Gaza and Leba
Today at 4:38 am by Rocky
» Iran announces its commitment to continuing gas exports to Iraq
Today at 4:37 am by Rocky
» Iraq, Russia discuss energy cooperation
Today at 4:36 am by Rocky
» British Home Secretary to visit Iraq tomorrow
Today at 4:35 am by Rocky
» The next parliament will have 450 members.. Officially, Al-Sudani announces that the population of I
Today at 4:33 am by Rocky
» US Ambassador Warns of 'Frightening Actions': Iraq Does Not Want to Be Drawn into Regional Conflict
Today at 4:32 am by Rocky
» Planning: The announced census results are not preliminary and the number will increase
Today at 4:30 am by Rocky
» Election “hype” begins early.. Al-Maliki insists on holding it and Al-Sudani prepares
Today at 4:29 am by Rocky
» “No more delays”.. Parliament changes the mechanism of holding sessions: “Controversial” laws are re
Today at 4:28 am by Rocky
» Al-Mashhadani to the heads of the blocs: I prefer to vote on the general amnesty law before anything
Today at 4:27 am by Rocky
» Iraq ranks 8th in the Arab world in achieving work-life balance in 2025
Today at 4:26 am by Rocky
» Labor announces issuance of more than a quarter of a million national cards for social protection be
Today at 4:24 am by Rocky
» Iraqi-Chinese research on accelerating combined cycle power projects
Today at 4:23 am by Rocky
» Al-Maliki praises the decision of the International Criminal Court and demands the resolution of the
Today at 4:22 am by Rocky
» Al-Mashhadani calls for voting on the general amnesty law for the “oppressed” before other laws
Today at 4:21 am by Rocky
» Yazan Mishaan Al-Habouri revolts against his "leak": There are those who obstruct the government's e
Today at 4:19 am by Rocky
» US Ambassador: Ending the presence of the international coalition in Iraq is being implemented and w
Today at 4:18 am by Rocky
» Al-Mashhadani directs to raise the suspended laws to the Presidency of the House of Representatives
Today at 4:17 am by Rocky
» "His general situation is unbearable" .. Parliamentarian: Political consensus to keep Iraq away from
Today at 4:16 am by Rocky
» Al-Sudani agrees to launch the “For Her” initiative to support Iraqi women
Today at 4:15 am by Rocky
» Development Bank condemns extortion attempts: It will not affect our workflow
Today at 4:13 am by Rocky
» Iraq-China oil-for-reconstruction deal faltering: A geopolitical shift in the Middle East
Today at 4:12 am by Rocky
» Planning reveals the next step of the census: We will visit these families
Today at 4:10 am by Rocky
» Parliamentary Finance Committee calls on the government to expedite sending the budget tables
Today at 4:09 am by Rocky
» OPEC+ may extend oil cuts at its meeting next Sunday
Today at 4:06 am by Rocky
» Parliamentary Integrity Committee discusses with the Director of Central Oil the file of contracts a
Today at 4:04 am by Rocky
» Government notice regarding the legal status of foreign workers
Today at 4:02 am by Rocky
» House of Representatives holds "important" session today.. Expectations of extending the legislative
Today at 4:00 am by Rocky
» Slight rise in dollar prices against the dinar in Iraqi stock exchanges
Today at 3:59 am by Rocky
» Baghdad "softens" and Kurdistan oil prepares to continue its global journey
Today at 3:58 am by Rocky
» "For 5 million dinars or in installments" .. Iraqi electric cars soon on the streets
Today at 3:57 am by Rocky
» Where did the Intelligence Bill get to in the House of Representatives?
Today at 3:55 am by Rocky
» "Contract Suspicions Series"... What are the loopholes in the Korean air defense system contract in
Today at 3:54 am by Rocky
» MP reveals latest developments in the formation of the new Kurdistan government
Today at 3:51 am by Rocky
» Personal status: imposing a vision or turning Iraq into a copy similar to the Iranian religious regi
Today at 3:50 am by Rocky
» Oral question to the governor.. Parliamentary movement regarding the “Basra, the Economic Capital of
Today at 3:48 am by Rocky
» MM&C 11/25/24 Parliamentarian: We need to extend the legislative chapter to 8 sessions and the bud
Yesterday at 10:04 am by Rocky
» Al-Alaq: The monetary situation in Iraq is excellent and our reserves support the stability of the e
Yesterday at 8:29 am by Rocky
» utube 11/25/24 MM&C MM&C Iraq News-CBI Building Final Touches-Oil Exports-Development Road-Turkey-B
Yesterday at 6:33 am by Rocky
» Parliamentary movement to include the salary scale in the next session
Yesterday at 5:11 am by Rocky
» Parliamentary Finance Committee reveals the budget paragraphs included in the amendment
Yesterday at 5:10 am by Rocky
» Al-Maliki calls on the Bar Association to hold accountable members who violate professional conduct
Yesterday at 5:08 am by Rocky
» Politician: The security agreement with America has many aspects
Yesterday at 5:07 am by Rocky
» Kurdistan Planning: More than 6 million people live in the region, the oldest of them is 126 years o
Yesterday at 5:05 am by Rocky
» Al-Alaq: Arab consensus on the role of central bank programs in addressing challenges
Yesterday at 5:03 am by Rocky
» Economics saves from political drowning
Yesterday at 5:02 am by Rocky
» Agriculture calls for strict ban on import of "industrial fats" and warns of health risks
Yesterday at 5:01 am by Rocky
» Iraq is the fourth largest oil exporter to China
Yesterday at 5:00 am by Rocky
» Railways continue to maintain a number of its lines to ensure the smooth running of trains
Yesterday at 4:59 am by Rocky
» Parliament resumes its sessions tomorrow.. and these are the most important amendments in the budget
Yesterday at 4:58 am by Rocky
» Bitcoin Fails to Continue Rising as It Approaches $100,000
Yesterday at 4:57 am by Rocky
» Minister of Planning: There will be accurate figures for the population of each governorate
Yesterday at 4:56 am by Rocky
» Popular Mobilization Law is ready for voting
Yesterday at 4:54 am by Rocky
» Mechanisms for accepting people with disabilities into postgraduate studies
Yesterday at 4:52 am by Rocky
» Government coordination to create five thousand jobs
Yesterday at 4:51 am by Rocky
» Transport: Next month, a meeting with the international organization to resolve the European ban
Yesterday at 4:50 am by Rocky
» Census is a path to digital government
Yesterday at 4:49 am by Rocky
» Calls to facilitate loans and reduce interest rates for the private sector
Yesterday at 4:47 am by Rocky
» The launch of the third and final phase of the "population census"
Yesterday at 4:46 am by Rocky
» Al-Sudani: We have accomplished a step that is the most prominent in the framework of planning, deve
Yesterday at 4:44 am by Rocky
» Justice discusses modern mechanisms to develop investment in real estate and minors’ money
Yesterday at 4:43 am by Rocky
» Dubai to host Arabplast exhibition next month
Yesterday at 4:41 am by Rocky
» Al-Tamimi: Integrity plays a major role in establishing the foundations of laws that will uphold jus
Yesterday at 4:39 am by Rocky
» Reaching the most important people involved in the "theft of the century" in Diyala
Yesterday at 4:38 am by Rocky
» Transportation: Completion of excavation works and connection of the immersed tunnel manufacturing b
Yesterday at 4:36 am by Rocky
» Between internal and regional challenges... Formation of the Kurdistan government on a "slow fire" a
Yesterday at 4:35 am by Rocky
» Kurdistan Region Presidency: We will issue a regional order to determine the first session of parlia
Yesterday at 4:34 am by Rocky
» The Minister of Foreign Affairs announces the convening of the Ambassadors Conference tomorrow, Mond
Yesterday at 4:33 am by Rocky
» Al-Sudani: Iraq must always be at the forefront
Yesterday at 4:32 am by Rocky
» Al-Mashhadani: We support the Foreign Ministry in confronting any external interference that affects
Yesterday at 4:31 am by Rocky
» Al-Sudani chairs meeting with Oliver Wyman delegation
Yesterday at 4:29 am by Rocky
» Half a million beggars in Iraq.. 90% of them receive welfare salaries
Yesterday at 4:27 am by Rocky
» Sudanese announces preliminary results of the general population and housing census in detail
Yesterday at 4:26 am by Rocky