The company is looking to raise the half-billion dollars before a rumored IPO in 2019, reports Reuters. If DJI can raise the funds, it would value the company at around $15 billion–almost double its valuation just three years ago. The funds would be used by DJI to expand into drone technology in the construction, agriculture, and energy sectors. DJI is currently the world’s largest drone maker by revenue and owns 70% of the global consumer and commercial drone market.
collections
NewsletterCourses and LearningAdvertiseCurrent IssueTech Forecast
What’s next for hardware, software, and services
Most Innovative Companies
Our annual guide to the businesses that matter the most
Most Creative People
Leaders who are shaping the future of business in creative ways
World Changing Ideas
New workplaces, new food sources, new medicine--even an entirely new economic system
Innovation By Design
Celebrating the best ideas in business
Follow us:
