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Xiaomi raising over $1 billion from investors including GIC: source
Dec 22 2014 12:39AM EST | Source: REUTERS TechnologySINGAPORE/SHANGHAI (Reuters) - China's Xiaomi [XTC.UL] is raising over $1 billion from investors including Singapore sovereign wealth fund GIC that would value the smartphone maker at over $45 billion, a person familiar with the deal said.