Xiaomi says revenue soared 68% in first earnings report since its IPO

Xiaomi posted a profit of 14.6 billion yuan ($2.1 billion) on 45.2 billion yuan revenue.
The company's main business — smartphones — saw sales increase 58.7% versus last year.Xiaomi smartphone average selling price in mainland China increased over 25%.
IoT and lifestyle products segment grow fast.
Xiaomi reported its first quarterly results after going public last month in Hong Kong, saying second-quarter revenue jumped to 68.3% year-over-year to 45.2 billion yuan. 
The com