Xiaomi buys 4.7% stake in Kingsoft unit

Tuesday 18 February 2014 | 23:39 CET | News
Chinese software company Kingsoft is selling 10 million shares in its PC game subsidiary Westhouse to smartphone maker Xioami for USD 20 million. Following the transaction, Xioami will have a 4.7 percent stake in Westhouse.

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Categories: Mobile & Wireless
Companies: Xiaomi
Countries: China
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