Xiaomi will close a new round of funding by the end of this month, at a valuation bigger than $9 billion, Huxiu, a local business news platform, reported yesterday.

By now the company has raised three rounds, according to former reports,

The Android phone and accessory company announced its latest sales numbers yesterday, reportedly going to launched a couple of new gadgets, a tablet called MiPad and a Smart TV, next month.

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Tracey Xiang

Tracey Xiang is Beijing, China-based tech writer. Reach her at traceyxiang@gmail.com