Director general Xiaomi lost billion yuans

In December, 2013 the founder and the head of the Chinese producer of consumer Xiaomi Ley Tszyun on air of a TV show argued on one billion yuans (148,5 million dollars or 9,6 billion rubles) that company will overtake it on Gree Electric profit in a current of five years. Judging by financial performance of companies for 2018, a bet it was losing...