Xiaomi Chief Appears to Lose 1 Billion Yuan Bet
Lei Jun, chairman and chief executive officer of Xiaomi Corp., poses for a photograph in Beijing, China (Photographer: Giulia Marchi/Bloomberg)  

Xiaomi Chief Appears to Lose 1 Billion Yuan Bet

(Bloomberg) -- It appears Xiaomi Corp.’s chairman Lei Jun may have lost a 1 billion yuan ($149 million) bet.
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