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 […]

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