Xiaomi - Raising over US$1 billion

Time: Nov, 2014

Place: Anningzhuang Rd, Haidian District, Beijing, China

Details: In December 2014 Xiaomi completed a round of equity financing led by Hong Kong-based technology fund All-Stars Investment Limited, a fund run by former Morgan Stanley analyst Richard Ji raising over US$1 billion, with a valuation of more than US$45 billion making it one of the most valuable private technology companies in the world.

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