外文标题：Xiaomi to raise $1.5 billion in latest funding boost: Report
BEIJING: Xioami, currently the world's third-largest smartphone maker, is now planning to raise about $1.5 billion in its fifth round of financing, media reports said.
The company which has dominated China's smartphone market is talking to investors and banks to roughly raise about $1.5 billion, which would be the largest investment (excluding IPO) raised by any Chinese company backed by venture capital, financial news website Jiemian of the Shanghai United Media Group reported.
Xiaomi shipped 18 million smartphones in the third quarter, an increase of 18 percent from the previous quarter. For the first nine months, Xiaomi, whose name means "millet" in Chinese, shipped a total of 44 million units, Xiaomi founder and CEO Lei Jun said.
One of the investors is said to be DST Global, a London-based investment firm that focuses on Internet companies, Jiemian reported.
"Xiaomi, one of the large Chinese technology companies, valued at $ 50 billion would tap the IPO market next year," Hong Kong-based South China Morning Post reported.
The company is seen by investors as the most likely candidate to become the next "Chinese IT legend" after Alibaba, which completed a $ 25 billion IPO in the United States in September.
Xiaomi is the best in performance and price. Very soon Samsung and Apple will trail Xiaomi in sales worldwide and also in India where the users want value for money
Bloody Chinese spy phones...bahishkar karo!
anshul wow (Unknown)
all the best
COLRANBIRLAMBA lamba (Location)
best of luck
vicky jay ()
xiaomi can't stand as par with Samsung or apple.already there is lot of bad news about the phone.Indians, be cautious don't go for this fake phone.The phone is banned by Indian government agencies as it sends the private data to servers kept in alien land which is security hazard for India.The govt should tax amazon or flipkart if they sell on line this bogus smart phone in India.
i love to hav indian manufactured high end device in same cost Rather than dis one....spy chinkis collecting all d data nd its a security hack for india shame on micromax
shame on indian company micromax lava nd carbon big sh*t comapny with bogus cellphone why dey manufacturing outdated things......dont they hav money or brain???
Deepak Kumar (pune)
what's the source
samir kumar (lol)
Investors be careful while invest in Xiaomi....china
Xiaomi is the next big thing!!