Russian billionaire Alisher Usmanov after selling shares Apple decided to invest in China’s Xiaomi




Businessman Alisher Usmanov, sold in March this year the stock Apple, plans to increase its investment portfolio in the share of Chinese assets. Currently Xiaomi, showing the highest growth in the smartphone market, is in talks with Russian billionaire fund to attract $ 1.5 billion investment.


According Cnews, Chinese smartphone maker Xiaomi talks about attracting $ 1.5 billion in private investment, which resulted in the estimated market value of more than $ 40 billion – more than the cost of Sony and Lenovo together. The main accused of the second side of the negotiations appears fund DST Global, owned, Usmanov.

If Xiaomi will attract the said amount, it will become the first company after Facebook, which has attracted the same amount of private funds in 2011. Then, as a result of attracting $ 1.5 billion in the world’s largest social network has been estimated at $ 50 billion.

These investments will also make the “Chinese Apple» more expensive compared to the startup Uber. In summer taxi service has attracted $ 1.2 billion and was valued at $ 17 billion.

In III quarter 2014 Xiaomi first entered the top five global manufacturers of smartphones and immediately took the third place. During this period the company has shipped 17.3 million smartphones. In their gadgets firm uses the operating system Android, which sets atop a proprietary GUI MIUI.

The vendor also offers smartphone users own messenger and cloud services. The company is called “China Apple», because it copies the design and marketing gimmick US company up to the famous phrase «One more thing …», which presentations enjoyed using Apple founder Steve Jobs.

In April last year, Usmanov bought Apple stock worth about $ 100 million. This package was sold this year, after the billionaire gradually sold off shares of Facebook.

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In: Technology & Gadgets Asked By: [15471 Red Star Level]

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