The Chinese company Xiaomi is considering to purchase GoPro
Back in January GoPro put themselves up for sale after they killed their Karma drone division. Bloomberg now reports that the Chinese company Xiaomi is considering to make an offer - GoPro could potentially fetch $1 billion:
"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."