“Chinese phone maker Xiaomi worth billions’ – AD.nl

"Chinese phone maker Xiaomi worth billions' – AD.nl

Edited by editors
21-12-14 – 19:36 Source: Reuters © Reuters.

Xiaomi, a fast-growing Chinese smartphone manufacturer, has more than a billion dollars to get to know in a financing round. This was reported by The Wall Street Journal today on the basis of initiates. An investment of this size, the company gives a total value of about $ 45 billion note.

A spokesman for Xiaomi request would not comment on the round, which closes formally reportedly Monday. The group is the largest smartphone manufacturer in China and one of the largest in the world

Xiaomi seen his short life -. The company was founded in 2010 – known as a technology startup. With a value of $ 45 billion, it is one of the largest in that category, for example, exceeds a known startup as a taxi service Uber.

Xiaomi makes name especially

emerging markets because the phones produces very similar to the top models from Apple, but they are much cheaper. The first model was launched in August 2011, the last quarter shipped the company 18 million smartphones.

In addition to smartphones, the Company makes a tablet, the MiPad, and developed a cloud (MiCloud), a set- top box (MiBox) and a messenger service (MiTalk). Recently it was even presented an air purifier.

A notable director at Xiaomi is the Brazilian Hugo Barra, who previously worked for the Android team at Google. Furthermore, the staff includes more than 3,000 men, for a large part of former employees of companies like Microsoft, Motorola and Yahoo.

From scholarship documents also show that co-founder and CEO Lei Jun is the largest shareholder with nearly 80 percent of Xiaomi possession. Jun, 45 years old, according to Forbes one of the richest people in China. He is on the rich list of the magazine on the 23rd place.