Economics

China Now Has The World’s Most Valuable Tech Startup

China Now Has The World’s Most Valuable Tech Startup

Xiaomi, the Chinese technology upstart has closed a $1.1 billion round of funding, at a valuation of $45 billion. This puts China in possession of the most valuable tech startup in the world, a title that previously belonged to Uber, which earlier this month was valued at $40 billion. The funding round, which was completed last…

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