Xiaomi, which sells more smartphones in China than Samsung Electronics Co. and Apple Inc., has borrowed $1 billion from 29 banks for a three-year loan, its first move to tap overseas funds for cash.

Xiaomi, best known for smartphones, will launch a smart car on March 28. (Matthias Oesterle/Zuma Press) Hong Kong stocks were standout global performers Tuesday, boosted by Alibaba and Xiaomi ...

China's largest mid-year shopping festival, 618, saw record sales, but daily spending dropped, signaling that consumer ...

Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have joined a $300 million financing for Baichuan, ... Xiaomi co-founder Lei Jun’s Shunwei Capital also took part, ...

Alibaba's 618 shopping festival shows strong momentum with 185 brands, including Apple and Xiaomi. 37,000 brands doubled sales compared to last year, supporting Alibaba's goal for double-digit ...

Benzinga. Xi Jinping's Supportive Appearance Sparks Chinese Tech Rally For Second Day: Alibaba, Xiaomi Surge Over 4% On Hong Kong Exchange. Posted: February 18, 2025 | Last updated: March 8, 2025 ...

BEIJING, July 11 (Reuters) - China's science and technology ministry held a meeting on July 5 with firms including Xiaomi, iFlytek and Alibaba Cloud to discuss innovation as well as national ...

Alibaba and JD.com see 283%+ sales surge at 618 festival, boosted by gov’t subsidies and strong electronics demand. Apple, Xiaomi, Huawei top 100M yuan in 618 sales; Chinese retail rebound lifts ...

Xiaomi's MiMo model, an advanced AI with 7 billion parameters, outperforms OpenAI’s o1-mini and Alibaba’s QwQ-32B. Read why we upgrade XIACF to buy from hold.

Xiaomi has unveiled its first large language model (LLM) focused on reasoning tasks—MiMo-7B—which has outperformed significantly larger models from global tech giants. Despite its relatively ...

Xiaomi is the world's third-largest smartphone maker. ... He also served as the vice president of finance and corporate controller of Alibaba Group (BABA-0.36%).