Tuesday 30 December 2014

Xiaomi gets US$1.1B fund; becomes world’s most valuable tech startup

The new money in its war chest now gives the*smartphone manufacturer a market valuation of US$45 billion Chinese smartphone manufacturer Xiaomi*yesterday announced that it has raised US$1.1 billion in funding. The new money in its war chest now gives the world’s third largest smartphone manufacturer a market valuation of US$45 billion. Bin Lin, Xiaomi Co-founder...



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