Xiaomi to Found Mi Apartment as Employee Dormitory for 700 Million Yuan
On Monday, according to Tianyancha App, Mi Apartment (Beijing) Commercial Operation Management Co., Ltd. was established with a registered capital of 700 million yuan ($108 million). The entity is wholly-owned by Xiaomi Communications Co., Ltd.
Wang Hua, head of Xiaomi’s public relations, responded, “It is an employee apartment, mainly to alleviate the p…
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