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Xiaomi Joins 15% Stake in Fitness Company
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Beijing Xiaomi Technology Co., Ltd. invested in AIDONG SPORT with a stake of about 15%, and the exact amount of Xiaomi's investment remains unknown for the time being, Chinese media reported. The "AIDONG SPORT" app, launched in 2015, is a fitness social application, providing course booking service. According to Tianyancha information, Xiaomi holds a 15% stake in Leyuan Network (literal translation of "樂淵網絡"), an affiliate of AIDONG SPORT. Leyuan Network was founded in November 2013, with Song Guanghui as its legal representative and a registered capital of about RMB8.07 million. AAStocks Financial News |
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