The millet will be invested in 1.5 billion dollars, valued at 40 billion dollars.

Source: Internet
Author: User
Keywords Investment valuation
Tags .net alibaba android business company design financing game

Summary: Chuan Millet will be 1.5 billion U.S. dollars investment, valued more than 40 billion U.S. dollars millet is planning to carry out nearly 1.5 billion U.S. dollars of financing, valuation will be more than 40 billion U.S. dollars. Sources said Millet was negotiating with investors, including Russia's DST, and the final

The millet will be invested 1.5 billion dollars, valued at more than 40 billion dollars

Millet is planning to carry out nearly 1.5 billion dollars in financing, valuation will be more than 40 billion U.S. dollars. Sources said Millet is negotiating with investors, including Russia's DST, and the final terms have not been finalised. DST previously invested in companies including Alibaba, Facebook and Airbnb. If the financing is finalized, the 4-Year-old Chinese company will be one of the top companies in the global technology industry, valued more than Sony and Lenovo combined.

After Alibaba's IPO, Wall Street and Silicon Valley investors are watching the financing of other Chinese technology companies. "The similarity between Alibaba and Millet is that there are many people willing to invest in it," said people familiar with the matter. However, most people think valuations are too high and therefore miss investment opportunities. In the end, they regretted it. ”

With 1.5 billion dollars of new investment, Millet will continue to open up new markets in Asia and Latin America, with the launch of the latest smartphones, tablets, routers and televisions. In addition, Millet is also investing in their own TV content.

Tencent invests in American space travel company World view

The capital markets are still bullish on space travel products, despite the two commercial spacecraft flight test accidents that have occurred. The CEO of the US World Landscape Company, which develops space travel, said the company recently raised the latest round of investment funds, including Tencent's.

The world Landscape Company plans to launch the space edge travel business in 2016 at a price of 75,000 dollars. Because of the use of different technologies, this price is much lower than that of other space tourism. Although there is no successful case of space travel, but in the industry, space travel market potential is huge.

In foreign countries, space travel is experiencing the rapid development of the industry, Virgin Galactic and XCOR, which are involved in the space travel business, have recently been injected with Google's capital injections and corporate finance respectively. For Tencent, this round of investment is meant to be laid out in advance. In addition, investing in overseas entrepreneurial companies is an important part of Tencent's international business.

Jinshan Software Q3 net profit 230 million yuan year-on-year growth of 41%

Earnings showed that the third quarter Kingsoft software revenue for 852.2 million yuan, the last quarter of 750.5 million yuan, the chain growth of 14%, the same period last year, the revenue for 551.1 million yuan, an increase of 55%. The net profit attributable to shareholders is 230.5 million yuan, the last quarter is 118.1 million yuan, the chain growth of 95%, the same period last year net profit of 163.3 million yuan, the year-on-year increase of 41%.

Revenues from online games, Cheetah Mobile, office software and other businesses accounted for 36%, 52%, and 12% of the group's total earnings respectively. In the third quarter of 2014, revenues from online gaming were 304.2 million yuan, down 1% from the previous quarter, up 12% from a year earlier.

Jinshan Software Chairman Lei said: "This year is a strong investment in the group, the company hopes to be able to in the Rising mobile internet window period, focus on and quickly layout their business mobile market, seize the commanding heights." Up to now, the company's business in the mobile end of the user size and product viscosity has a prominent performance.

Microsoft announces formal completion of Mojang acquisition

Phil Spencer, head of Microsoft's Xbox department, posted a message on Twitter that Microsoft's acquisition of $2.5 billion for Mojang, a Minecraft game developer, was officially completed.

Microsoft announced a takeover of Mojang in mid-September. At the time, Microsoft said it expected the deal to be completed later in 2014 and that the purchase would be made back by the Mojang game in the fiscal year ended June 30, 2015. As a result of the acquisition, the founder of Mojang, including major shareholders and Minecraft, the creator of the game, Persson, will leave.

Although Microsoft made Mojang a first-party developer, it did not force Minecraft to terminate its development on any non-Microsoft platform. In addition to the Xbox 360 and Xbox One, Minecraft is also compatible with Android, IOS, PlayStation 3, and Windows PCs. By the end of June, total sales of Minecraft on all platforms were close to 54 million.

LG G3 will first get Android Lollipop upgrades

LG announces that its G3 will be the world's first smartphone to be upgraded to Android 5.0 Lollipop.

Lollipop's core change is the adoption of the material design user interface. LG said it would not make too many changes to the design, retaining Google's original Android user interface design style.

Most of the improvements are minor modifications based on LG's features, such as the new notification system and the ability to unlock handsets using nearby devices such as Android smart watches.

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