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Xiaomi Obtains USD 41 Mln in Funding
Beijing Times, 7/13/11
Lei Jun, angel investor and CEO of Beijing-based mobile software developer Xiaomi Technology, revealed yesterday that Xiaomi has obtained approximately USD 30 mln in funds from Morningside, Qiming Ventures, and IDG, as well as USD 11 mln in funds from 56 Xiaomi employees, at a valuation of USD 250 mln. Read More
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