It’s raised $5.7 billion from Facebook. It’s taken $1.5 billion from KKR, another $1.5 billion from Vista Equity Partners, $1.5 billion from Saudi Arabia’s Public Investment Fund, $1.35 billion from Silver Lake, $1.2 billion from Mubadala, $870 million from General Atlantic, $750 million from Abu Dhabi Investment Authority, $600 million from TPG, and $250 million from […] …Continue Reading

One of the world’s best selling wearable lineups just added a new gadget to the mix. Chinese electronics giant Xiaomi today unveiled the Mi Smart Band 5 that delivers several improvements and adds features such as a bigger screen, new wireless charging system, and women’s health mode over the company’s one-year-old Mi Smart Band 4 […] …Continue Reading

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) in net gains on disposal of investments in […] …Continue Reading

Xiaomi on Tuesday unveiled the global version of MIUI 12, the latest update to its Android -based operating system, for hundreds of millions of smartphones as the Chinese electronics giant pushes to broaden its services ecosystem. The world’s fourth largest smartphone firm said it is delivering a range of new features to its overseas users […] …Continue Reading

The COVID-19 pandemic has ushered in a wave of Chinese companies with manufacturing operations to produce virus-fighting equipment: Shenzhen-based electric vehicle giant BYD quickly moved to launch what it claims to be the world’s largest mask plant; Hangzhou-based voice intelligence startup Rokid is making thermal imaging glasses targeted at the US market; and many more. The […] …Continue Reading