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Ratan Tata buys stake in Xiaomi: Top 9 companies the Tata Chairman Emeritus has invested in
2015-04-27 16:30:16| Steel - Topix.net
Tata is once again in news after acquiring stocks in the Chinese smartphone manufacturer company, Xiaomi. Tata yesterday acquired stakes in the Chinese manufacturer company, Xiaomi which is the first ever investment in the company by any Indian.
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top
companies
chairman
Xiaomi to triple mobile services revenue to USD 1 bln - CEO
2015-04-27 09:00:00| Telecompaper Headlines
(Telecompaper) Xiaomi expects to triple its revenues from mobile services such as games and a payment application to nearly USD 1 billion this year, according to CEO Lei Jun. In an interview with the Wall Street Journal coinciding with the launch of Xiaomi's fitness band, Mi Band, Lei said the company was looking to Chinese internet giant Alibaba and mobile services firm Tencent Holdings as future competitors. "The ways that Tencent and Alibaba make money today are the ways that Xiaomi will make money in the future," he said. Last year the company made less than USD 300 million in revenue from services, said Lei, but total revenues this year are expected to come it at around USD 16 billion, with mobile services accounting for around 6 percent of that figure.
Tags: services
mobile
usd
revenue
Xiaomi Boosts Its Business In India With Strategic Investment From Tata Sons Head
2015-04-26 13:37:12| Automakers - Topix.net
Xiaomi is making a push to be a local player in India. Days after unveiling its first phone customized to the South Asia country , Xiaomi announced that it has taken investment from leading Indian businessman Ratan Tata .
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head
india
investment
Ratan Tata invests in Xiaomi
2015-04-26 09:19:00| Telecompaper Headlines
(Telecompaper) Xiaomi India has announced that Ratan Tata, chairman Emeritus of Tata Sons, the promoter of Indian communications provider Tata Teleservices (Maharashtra), has made an investment in Xiaomi. This is the first investment by any Indian in Xiaomi, according to a Xiaomi India post on Facebook. No financial details related to the investment have been disclosed.
Tags: tata
invests
ratan
ratan tata
Xiaomi Mi 4i Release Date, Shocking Low Price, Photos, Specifications And More
2015-04-24 10:57:08| Semiconductors - Topix.net
Lei Jun, founder and CEO of China's mobile company Xiaomi, shows the new features at a launch ceremony of Xiaomi Phone 4, in Beijing, July 22, 2014. China's Xiaomi unveiled on Tuesday its new flagship Mi 4 smartphone, aimed squarely at the premium handset market dominated by Apple Inc and Samsung Electronics Co Ltd. The Xiaomi Mi 4i, the affordable version of the 2014 Xiaomi Mi4 flagship has been unveiled.
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