Xiaomi Corp has become the most valuable technology start up in the world, with a recent investment raising its value to over $46billion.  Xiaomi founder, Lei Jun, confirmed the investment on his Chinese blog page on Monday, writing that ‘This round of funding is an affirmation of Xiaomi’s achievements in more than four years of business and a prelude to a new stage of development’. The investors list includes Russian investment firm DST Global, All-Stars Investment Ltd and Yunfeng Capital – … [Read more...]