Facebook’s Almost Invested $1.1 Billion in Xiaomi But Deal Fell Through
Facebook Almost Bought $1.1 Billion Stake in Xiaomi
| Michael A. Katz | | Jan 12, 2015 04:39 PM EST |
Facebook CEO Mark Zuckerberg was in discussions with Xiaomi CEO Lei Jun last month about investing $1.1 billion in China's top smartphone maker, but the deal died on the vine, reports Reuters.
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