CEO of Yota Devices, Vladislav Martynov has said that the Yota’s latest Asian funding focus was the inevitable outcome of a three year relationship with Asia.

“It’s a global world, and we’re selling globally. So it was also natural for us to get funding globally. If you don’t follow the trend, you will be left behind.”

The company gave 64.5% of its stake to Hong Kong investor REX Global Entertainment Holdings last month and partnered with Chinese smartphone maker ZTE shortly after. 

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Eva Yoo

Eva Yoo is Shanghai-based tech writer. Reach her at evayoo@technode.com