Sunday, March 22, 2015

Xiaomi phone

China's top smartphone maker

Current Valuation = $ 46 Billion

Founder Lei Jun
Age 45 years
Sold bookstore joyo.com to amazon for $ 75 million
No of smartphones sold in 2014 by company= 61 million
Founded Xiaomi in 2010
Firm sales to grow 50  % in 2015 to $ 16 billion