The company’s products are generally cheaper than its rivals,’ leading to its success in developing markets.
Trade tensions with the US are pushing more Chinese companies to explore European markets.
The company will have to work extra hard to overcome their negative first impression in the UK.
Xiaomi’s smart speakers have been awakened 8 billion times by users to activate around 100 million devices.
Meitu will hand over much of its phone operations to Xiaomi.
Xiaomi sold 6 million units of its Mi 8 since June but even that hasn’t stopped its shares from sliding.
This is the first internal shake-up after Xiaomi’s initial public offering in July.
Xiaomi partners with Beijing’s Palace Museum to launch its 5G phone.
Xue Yujie from Sixth Tone joins to talk about Pinduoduo.
Those who move will reportedly receive a RMB 30,000 bonus and other perks.