Xiaomi Buys 3% Of Chinese Games And Software Giant Kingsoft For $68M
January 18, 2015 at 22:21 PM EST
Xiaomi became the world’s third largest smartphone company based on sales last year, and it also began investing in companies. Its early investments have largely been in hardware, but today it diversified into software after buying 2.98 percent of Kingsoft for HK$527 million (~$68 million). Read More