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Tencent Holdings to invest US$2 billion in Xiaomi, says paper

EDN, July 25; Steve Shen, DIGITIMES Asia 0

China-based Tencent Holdings, which runs one of the largest web portals in China, QQ.com, reportedly plans to commit an investment of US$2 billion into China-based smartphone vendor Xiaomi Technology, according to a Chinese-language Economic Daily...

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