Xiaomi Valued At $45B: Report

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Xiaomi Valued At $45B: Report

Xiaomi Inc. has been valued at $45 billion in a fresh funding round in which the Chinese smartphone maker has raised $1 billion from investors, including a fund affiliated with Alibaba Group Holding Ltd., Wall Street Journal reported, citing an unidentified person familiar with the matter. The deal might finalize as early as Monday, led by…

Exclusive: Dan Loeb’s Two New Stock Picks [Q1 Letter]

Nestle Dan Loeb Daniel Loeb third point capital hedge fund manager activist investor poison pen activism Yahoo corporate governance famous investorsThird Point's Dan Loeb discusses their new positions in a letter to investor reviewed by ValueWalk. Stay tuned for more coverage. Loeb notes some new purchases as follows: Third Point’s investment in Grab is an excellent example of our ability to “lifecycle invest” by being a thought and financial partner from growth capital stages to Read More


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