By Seb Joseph

The Chinese tech startup wave roused by Xiaomi is taking Asia by storm. If western companies are not already paying attention, they soon will be as the region’s most ambitious startups eye even bigger conquests to prove they can become contenders on an international scale.

Smartphone maker Xiaomi’s transformation from Chinese startup to mobile giant is testament to this shift. Besting goliaths in the global smartphone market, the company’s potent mix of online flash sales, passionate fans and a quirky mascot propelled it to become the world’s most valuable technology startup. Now that it is valued at more than $64bn, the Read full story ›

Source: The Drum