Facebook and Xiaomi discussed a possible investment in the smartphone maker, politics likely stand in the way

It's easy to understand why both sides would be interested in a partnership, however. Facebook, for its part, is obviously most tempted by the prospect of slowly conquering a market with 1.3 billion possible new users, while Xiaomi could definitely profit from some added publicity in its efforts to expand outside of China – and its name being put next to Facebook will certainly help with that. Unfortunately for both, Mr. Jun thought an equity sell to Facebook would be "too sensitive", given the social media's politically-motivated ban.
source: Reuters

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