Mark Zuckerberg wanted to buy a stake in Xiaomi

Mark Zuckerberg wanted to buy a stake in Xiaomi

Social network Facebook could become one of the investors Xiaomi, but negotiations have failed corporate executives. As a result, the Chinese manufacturer of smartphones has attracted funding from other investors and became the most expensive IT-startups in the world.

Referring to several knowledgeable sources, Reuters reports that in October 2014, Facebook founder and CEO Mark Zuckerberg (Mark Zuckerberg) met with the CEO Lei Jun Xiaomi (Lei Jun). During the personal interview discussed the possibility of acquiring a stake Xiaomi by Facebook.

Although the amount of investment that is featured in the conversation the heads of companies was small (the exact size is unknown), this deal could be beneficial to both parties. For Xiaomi partnership with Facebook would mark the strengthening of the international image, and for the company Zuckerberg – the expansion of business with the help of a huge Chinese Internet audience.

But the initiative Lei Jun cooperation did not take place. Firstly, it can act against the government of China, where the social network Facebook is blocked since 2009. Secondly, the Union Facebook and Xiaomi could complicate relations Chinese company and Google, the owner of the platform Android, on the basis of which Xiaomi creates all of its smartphones, the newspaper notes.

Mark Zuckerberg wanted to buy a stake in Xiaomi updated: January 14, 2015 author: John Malkovich