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Posted inNews

Xiaomi’s 100-Hardware-Companies Strategy

This July Xiaomi launched a connected wristband, which was manufactured by Huami Technology (our translation). Being sold on Xiaomi’s online store and their official store on Alibaba’s Tmall, the wristband achieved a million shipments four months after launch, and claims it has the largest market share in its category. Its functions and features are similar to most activity […]

Posted inNews

Xiaomi Shopping for Acquisitions[Updated]

Xiaomi’s acquisitions are in the spotlight, after the company borrowed US$1 billion from financial institutions, reports the Wall Street Journal, and, according to the Financial Times, is raising US$1.5 billion in a new round of funding. Money has never been a problem for Xiaomi. In June 2012 the company announced US$216 million of funding, at […]

Posted inNews

Xiaomi To Invest Millions USD in Video Site Youku Tudou

Chinese smart hardware and internet service provider Xiaomi revealed further details for its ambitious US$1 billion digital content plan released last week. The burgeoning startup announced a strategic partnership with Youku Todou, one of China’s largest internet companies. It plans to acquire the latter’s circulating shares with eight-digit US dollar investment for the development of a multi-screen media and entertainment […]

Posted inNews

Xiaomi and Shunwei Invest US$300M in Baidu’s Video Site iQiyi

Xiaomi, the Chinese smart device and internet service company, and Shunwei, a China-focused venture capital fund with Xiaomi CEO Lei Jun as founding partner and chairman, have invested RMB1.6 billion (just over US$300 million) in iQiyi, the online video business majority-owned by Baidu, Xiaomi announced today. This deal represents the largest investment made in the four-year […]

Posted inNews

Carrier-neutral Internet Data Service 21Vianet Announces US$296M Investment from Kingsoft, Xiaomi and Temasek

Lei Jun (Board Chairman of Kingsoft and Xiaomi), Chen Sheng (Board Chairman & CEO of 21Vianet), Zhang Hongjiang (CEO of Kingsoft and Kingsoft Cloud) 21Vianet Group (Nasdaq:VNET), a leading carrier-neutral internet data services provider in China, has announced that it has entered into share purchase agreements with Kingsoft, Xiaomi and Temasek. The three investors will […]

Posted inNews

Xiaomi’s US$1B for Digital Content, Poaches Online Media Guru Chen Tong [Updated]

“Content is king”, as they say, and even hardware manufacturers want in on it. Xiaomi, the Chinese smart hardware and internet service provider, announced this afternoon that it is allocating US$1 billion to digital content, especially online videos for the Xiaomi Smart TV and set-top box. The company has hired Chen Tong, editor-in-chief of Sina since […]

Posted inNews

Xiaomi Releases New Smart Gadgets to Boost Smart Home Plan

Unlike previous product launches accompanied by fanfare and heavy hype, Chinese smartphone maker Xiaomi today unveiled four smart home gadgets on its microblog, in a relatively low-profile rollout. The four products are the Ants smart camera, Xiaomi smart socket, Yeelight light and Xiaomi smart remote control center. Ants is a smart camera featuring 720P HD live video stream, […]

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