The company’s products are generally cheaper than its rivals,’ leading to its success in developing markets.
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Posted inHeavy Hitters
Briefing: Xiaomi to open Mi Store in London
Trade tensions with the US are pushing more Chinese companies to explore European markets.
Posted inHeavy Hitters
Briefing: Xiaomi apologize for misleading phone sale in UK
The company will have to work extra hard to overcome their negative first impression in the UK.
Posted inHeavy Hitters
Xiaomi’s smart speaker now has over 34 million monthly active users
Xiaomi’s smart speakers have been awakened 8 billion times by users to activate around 100 million devices.
Posted inTurf Wars
Briefing: Xiaomi overtakes Apple as top seller of wearable devices
Xiaomi shipped 6.9 million units in the third quarter of 2018, well ahead of its competitors.
Posted inHeavy Hitters
Briefing: Meitu partners with Xiaomi as its selfie phone business flags
Meitu will hand over much of its phone operations to Xiaomi.
Posted inTurf Wars
Briefing: Xiaomi demands that Lyft stop renting out its scooters
Xiaomi demanded that Lyft put a halt to using its electric scooters.
Posted inWith Chinese Characteristics
Xiaomi moving to Wuhan as Chinese tech giants get away from tech hubs
The new Xiaomi Wuhan headquarters will be an R&D center.
Posted inThe Numbers
Briefing: Xiaomi’s third quarter revenues up 49.1% year-on-year to RMB50.8 billion
Xiaomi’s international markets revenue grew 112.7% year-on-year.
Posted inHeavy Hitters
Xiaomi shares slide more than 40% since its peak
Xiaomi sold 6 million units of its Mi 8 since June but even that hasn’t stopped its shares from sliding.
