On Monday, the Chinese startup best known for its budget smartphones, revealed that it closed a $1.1 billion round of new funding, putting the company’s valuation at a whopping $45 billion.
The post Chinese Smartphone Maker Xiaomi Is Now the World’s Most Valuable Startup appeared first on WIRED.
from WIRED http://feeds.wired.com/c/35185/f/661370/s/41dab1c5/sc/21/l/0L0Swired0N0C20A140C120Cxiaomi0E45b0Evaluation0C/story01.htm
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