Xiaomi founder Lei Jun introduces the new Mi TV in Beijing on October 19. The company has been expanding its catalogue of products and Lei now wants to get involved with more start-ups moving in a similar direction. Photo: Xinhua

‘Everyone’s a potential consumer’: Xiaomi boss Lei Jun vows to invest in 100 start-ups as tech advances in rural China promise riches

Billionaire tech tycoon says ‘anyone is welcome’ to present ideas for his venture capital firm Shunwei Capital Partners to consider

TOP PICKS

Xiaomi founder Lei Jun introduces the new Mi TV in Beijing on October 19. The company has been expanding its catalogue of products and Lei now wants to get involved with more start-ups moving in a similar direction. Photo: Xinhua
READ FULL ARTICLE