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Xiaomi: A Chinese startup out to challenge Google, Amazon

Updated : June 21, 2018 01:58 PM IST

The 8-year-old is a star among the Chinese unicorns, a term that refers to startup companies that are valued at more than $1 billion.
Xiaomi — pronounced "SHEE-YOW'-mee" — was founded in 2010 by CEO Jun Lei and seven colleagues who included veterans of Alphabet Inc.'s Google, Microsoft Corp. and Motorola Inc.
Xiaomi: A Chinese startup out to challenge Google, Amazon

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