Technology Oct 23, 2021 08:17 PM (GMT+8) · EqualOcean
According to the website of Shanghai Municipal Bureau of planning and natural resources, MI space (Shanghai) Information Technology Co., Ltd., an indirect wholly-owned subsidiary of Xiaomi, won a commercial office land in Xuhui District of Shanghai for 1.55 billion yuan on October 21, about 500 meters away from the subway station on Damuqiao road. Previously, some media speculated that the place was used for Xiaomi automobile business R & D center. The reporter of the science and Innovation Board daily learned from informed sources that "this land is long planned for the headquarters in Shanghai. At present, Xiaomi's teams including mobile phone R & D, finance, Internet business and China are all leased properties and work separately, so the construction planning of this land will bring these teams together in the future."
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