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Posted inNews

Xiaomi Invests US$25M in Andon’s iHealth for 20% Stake

Andon (SZ:002432), or Jiuan in Chinese, the Chinese healthcare electronics manufacturer, announced to spin off the division for iHeath, the healthcare appcessory brand, and introduce US$25 million financing from Xiaomi, the Chinese smart device maker and software developer. The spin-off is named iHealth Inc., according to the Andon announcement, and Xiaomi will have a 20% stake […]

Posted inNews

Xiaomi’s WiFi Router-centered Smart Home Plan

Xiaomi, the Chinese smart device maker and Internet service developer, isn’t moving slowly in, apart from smartphone, smart home or wearables. Actually it seems a little bit too fast that angered many Chinese startups in the two sectors. The first activity tracker Xiaomi launched last month is sold at RMB 79 (about US$13), a fraction of […]

Posted inNews

Xiaomi Leads $37M Investment in Chinese Peer-to-peer Lending Site JimuBox

JimuBox (Jimu means building block in Chinese), an online peer-to-peer lending service, announced today it has raised US$37.19 million in Series B funding led by Xiaomi Corporation, the Chinese smart device and Internet service company, and Shunwei China Internet Fund, a venture capital fund co-founded by Xiaomi CEO and co-founder Lei Jun. Other investors joining this […]

Posted inNews

Chinese Smartphone Maker Meizu Launches New Model MX4

Chinese smartphone maker Meizu launched today MX4, the fourth Android phone of the MX series. Tech Specs of MX4: Operating System: Flyme 4.0 (The fourth update of the custom Android system developed by Meizu) Weight: 147g Colors: Gold, Gray, White Dimensions: 144×75.2×8.9 mm Display: JDI 5.36-inch display, 1920-by-1152-pixel resolution Protection: Corning Gorilla Glass 3 CPU: MediaTek 6595 octa-core processor (custom version […]

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