NEWS

A billion dollars for Xiaomi

A billion dollars for Xiaomi

A fast growing mobile phone manufacturer Xiaomi opens new round of collection of investment capital, which plans to raise about one billion US dollars. Financing is lead by Investment Fund All-Stars Investment, and among investors are expected to show up private investors, funds from Singapore and Russia, as well as venture capital fund Yunfeng Capital – with which it is associated the owner of Alibaba and one of the richest men in the world, Jack Ma.

Although official confirmation of the new investments in Xiaomi is still in the queue, analysts and people close to the company estimated that with a new billion dollar of investment market value of the Xiaomi is about to grow to as much as 45 billion US dollars. (我回顾中国手机)



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