First Xiaomi, Could Snapchat Be Next for Sovereign Wealth Funds?
Posted on 12/22/2014
Institutional investors are plowing money into mobile startups, eager to gain exposure in a growing world population becoming heavily reliant on mobile devices. China smartphone manufacturer Xiaomi raised just over US$ 1 billion in capital from investors that include, Hopu Investment Management Co., Singapore’s GIC Private Limited, Russian investment firm DST Global and Yunfeng Capital […]
- Alternatives
- Government of Singapore Investment Corporation
- Qatar Investment Authority
- Snapchat
- Uber
- Venture Capital
- Xiaomi