Xiaomi Ventures backs China health products maker
Xiaomi Ventures, a corporate VC unit of Chinese mobile phone maker Xiaomi, has paid $25 million for a 20% stake in iHealth, an offshore unit of healthcare electronics maker Andon Health.
Shenzhen-listed Andon Health plans to restructure its overseas operation - including Hong Kong, US and France - under the iHealth entity, with the parent company holding a 70% interest, according to a...
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