Chinese smartphone manufacturer Xiaomi has raised $1.1 billion in a round of funding. The latest investment pegs the company at a valuation of roughly $45...

TutorGroup has closed roughly $100 million in a Series B round of financing. Alibaba Group, Temasek and Qiming Venture Partners particpated in the round. Founded in 2004, TutorGroup is an online education platform specializing in English training in Asia, and Mandarin Chinese training for global business professionals.