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Xiaomi, the world’s No. 3 smartphone maker in the third quarter of 2014, will purchase a 2.98% stake in software company Kingsoft from Chinese Internet giant Tencent Holdings for HK$527 million, or $68 million. Kingsoft is nearly 15% owned by Chinese billionaire Lei Jun, the main founder and CEO of Xiaomi. [...]
from Forbes Real Time http://onforb.es/1yef1QX
Xiaomi, the world’s No. 3 smartphone maker in the third quarter of 2014, will purchase a 2.98% stake in software company Kingsoft from Chinese Internet giant Tencent Holdings for HK$527 million, or $68 million. Kingsoft is nearly 15% owned by Chinese billionaire Lei Jun, the main founder and CEO of Xiaomi. [...]
from Forbes Real Time http://onforb.es/1yef1QX
