Xiaomi is looking for additional funds for development

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POSTER: computer news   ||   XIAOMI IS LOOKING FOR ADDITIONAL FUNDS FOR DEVELOPMENT	DATE:2014-11-04
Chinese brand Xiaomi for the third quarter has already managed to become the third largest producer of smartphones in the world.  Edition of Bloomberg reports that Xiaomi is trying to find the means, based on the assessment of its own capitalization of $ 40-50 billion. This assessment allows  to determine how much money to borrow a Chinese company would risk potential lenders and investors.  Interestingly, in August 2013. Xiaomi during such events was estimated only at $ 10 billion. By the way, the current estimate of capitalization Xiaomi puts it above many better-known competitors: Sony is estimated at $ 21 billion. And Lenovo - at $ 16 billion. The publication reports that one of the possible investors is the DST Group, controlled by Russian citizen Yuri Milner.  He is also co-owner of Mail.ru Group, and has already invested in Xiaomi.  In an interview last September Xiaomi CEO admitted that the company has no intentions to sell its own shares on the open market in the next five years.  Accordingly, the additional funds will be involved in other ways.  Nothing prevents Xiaomi make an additional issue of shares by selling securities to a narrow circle of trusted investors. If at the end of last year Xiaomi has sold 18.7 million. Smartphone, then next year it intends to implement the already 100 million. Smartphones.  To achieve these ambitious goals will require funds.   Related Products :

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