LEI announced millet phone was $ 90 million investment and financing high-pass with

Lei Jun has been awarded $ 90 million financing

IDG (Lotte) December 20, 2007, Lei Jun, chairman of science and technology, today announced millet millet phone get $ 90 million financing, including Temasek, Qualcomm, blind, IDG, are involved in cis for the investment. Millet’s total investment has reached $ 130 million, U.S. $ 1 billion valuation.


millet when the team was founded investment of about $ 11 million. Second half of 2011, millet technology have access to Mornigside, blind, IDG total of $ 41 million investment, science and technology at the industry’s valuation of millet $ 250 million. If this round of financing up to $ 90 million, it means that millet technology valuation soared in the emergence of a few months.


Meanwhile, millet Technologies officially launched Unicom customized version of the millet phone MI-ONE, package price of 2699 yuan, China Unicom customized stored for the millet and the purchase of phone calls to send machine network to send calls in two ways.


stored phone calls to send mode, the user contract for three years in the network, select the package stored 2699 yuan to 126 0 purchase; users to sign for two years in the network, select 186 package stored 2699 yuan can be 0 purchase. Purchase network to send calls is the way the user to 1999 yuan to buy mobile phones, select 66 yuan and above packages, you can receive 50% of the monthly fee package calls.


Lei Jun said, millet has sold 270 000 phones, only 18 sales amounted to 100,000 units over billion. The millet technology and Unicom million level reached a framework agreement. It is this round of financing allows millet Mobile and China Unicom have confidence to achieve cooperation.


It is reported that along to the LEI and other investors founded with an investment company, participated in previous financing technology millet, millet Qiming Venture Partners is the investment in technology again.

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