Lei Jun, chief executive of Chinese smartphone maker Xiaomi, appears to have lost a 1 billion yuan (US$ 149 million) bet to Gree Electric chairwoman Dong Mingzhu, as Xiaomi failed to outdo Gree in revenue within five years. The wager dated back to December 12, 2013, when the two high-profile entrepreneurs were both awarded “people […]
Tag: Dong Mingzhu
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Gree Electric confirms purchase of high-end refrigerator maker
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