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May 22, 2020 09:26 am GMT

Xiaomis investment house of IoT surpasses 300 companies

Xiaomi, the Chinese comapny famous for its budget smartphones and a bevy of value-for-money gadgets, said in a filing on Thursday that it has backed more than 300 companies as of March, totaling 32.3 billion yuan ($4.54 billion) in book value and 225.9 million yuan ($32 million million) in net gains on disposal of investments […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/3grAZTaF7x4/

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