Xiaomi Could Be Worth $50B: Reports


Chinese smartphone manufacturer Xiaomi Corp. is considering a new round of funding that could produce a valuation of $40 billion to $50 billion, reports said. The valuation would establish Xiaomi as the world’s most valuable private technology company. Talks regarding a new round of financing are still in their early stages, sources familiar with the situation…

Xiaomi Could Be Worth $50B: Reports

Odey Special Situations Fund took on several new positions in March

Crispin OdeyOdey Asset Management's Special Situations Fund was down 3.2% in March, compared to its benchmark, the MSCI World USD Index, which was up 3.3%. Through the end of March, the fund is up 8.7%, beating the benchmark's return of 4.9%. Q1 2021 hedge fund letters, conferences and more Odey's Special Situations Fund deploys arbitrage and Read More

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