Xiaomi joins US$10b club

Froth in company valuations seems to be building once again in China's high-tech realm, with word that up-and-coming smartphone maker Xiaomi's latest fund raising values the company at more than $10 billion (HK$77.5 billion).

via Business feed http://www.scmp.com/comment/blogs/article/1299286/xiaomi-joins-us10b-club