Xiaomi has created an online investment service.

The Chinese company Xiaomi has founded its own investment fund, which will work only in online mode. At the same time, the company plans to sell services through an application for its mobile devices, writes Roem.ru. A partner, E Fund Manager, will help with the Xiaomi foundation - now this organization is engaged in asset management. The fund itself will work in three more areas: index fund services, securities brokerage and consumer loans.

Now similar services are provided by two more Chinese companies, Alibaba and Tencent. But Xiaomi is going to somewhat change the direction of its activities, strengthening its presence in the sale of its own services (services and local software). At the same time, the Chinese company plans to start earning billions of dollars, actively working in this direction. Online investment fund - one of the most promising projects Xiaomi.

The financial service will be called Huoqi Bao. Users will be able to invest in a startup, receiving interest in excess of the percentage on deposits in banks. Also, it will be possible to withdraw money from the fund, turning it into cash.