Xiaomi, Startup Technology World's Most Expensive

Xiaomi Xiaomi startup company officially became the most expensive in the world. This predicate achieved after successfully getting an ...

Xiaomi
Xiaomi
Xiaomi startup company officially became the most expensive in the world. This predicate achieved after successfully getting an investment of 1.1 billion US dollars. These investments create value gadgets from Chinese manufacturers rose to 45 billion US dollars.

Reported KompasTekno of the Financial Times, Tuesday (12/30/2014), the value of 4-year-old company makes it as the most valuable among tech startup. Xiaomi rival Uber just won an investment of 1.2 billion US dollars. Enterprise application taxi service Uber is now worth 40 billion dollars.

"Investors include All-Stars Investment, DST, GIC, Hopu Fund and Yunfeng Capital. It is a recognition of the success of the Xiaomi for 4 years, and a new phase for the company, "wrote Lin Bin, Co-Founder and President Xiaomi through his Facebook page.

"We will continue the innovation to everyone, with the aim of producing a handheld device that provides a great user experience for users. In January 2015 we will unveil our latest flagship device, "he added.

Xiaomi itself has been successfully leading the market in China, the country of origin. In fact, the company successfully compete with Lenovo.

IDC research institute said in late September, Xiaomi has attracted a 15 percent market share, higher than the Lenovo that only 13 percent of it.

Target "his Apple China" it is to sell 60 million units of smartphones. They also have announced plans next year to sell 100 million units of smartphones. This is in line with the plan of exporting to 10 countries, including India, Malaysia and the Philippines.

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