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Posted inNews

Analyse Asia Podcast: Xiaomi (Part 2/2) – The Future Of Xiaomi

http://content.blubrry.com/analyseasia/Episode_130__The_Future_of_Xiaomi_with_Eva_Xiao.mp3 Eva Xiao from TechNode continued our discussion on Xiaomi, focusing on what kind of company Xiaomi truly is, and the current challenges they are facing to justify their US$45B valuation. We discussed the company’s recent failures to hit their 100 million smartphones target, their loss of smartphone market share, their failure to expand aggressively […]

Posted inNews

Xiaomi Launches Mobile Payment Service Mi Pay

Mi Pay, the long-awaited mobile payment service from Xiaomi, will be available for all Xiaomi users from tomorrow (September 1st). Xiaomi registered a payment service company as early as in 2013, but only in January this year did the company obtain an official license by acquiring a controlling stake in local online payment services company Ruifutong. Like Apple […]

Posted inNews

Xiaomi Has Revealed Their VR Headset

China is obsessed with VR, and Xiaomi is not about to be left behind. The hardware giant revealed their first VR product on Thursday: a smartphone-enabled headset called Mi VR. True to Xiaomi style, the gadget is ridiculously cheap at 1 yuan a piece (about $0.20), but before you go scrounging through your spare change jar, […]

Posted inNews

Analyse Asia Podcast: Xiaomi Part (1/2) – Team, History, And Products

http://media.blubrry.com/analyseasia/content.blubrry.com/analyseasia/Episode_129__Xiaomi_-_Team_History_Products_with_Eva_Xiao.mp3 Eva Xiao from TechNode joined us in a two part episode on one of China’s top unicorns: Xiaomi. We traced the history of the company starting from the founders of the company, most notably Lei Jun and Bin Lin, and how they managed to bring in top talent such as Hugo Barra into the […]

Posted inNews

Xiaomi Launches Electric Mosquito Repellent Device

Last month, Xiaomi CEO Lei Jun set out an ambitious three-year roadmap for the company which involved transforming the company into a variety store of “about 40 kinds of electronic products.” It appears the internet giant has come one product closer to that goal with the release of a USB electric mosquito repellent device. The gadget is […]

Posted inNews

Is Xiaomi Pivoting Away From Smartphones?

Xiaomi CEO Lei Jun wanted to make one thing clear when he spoke at the Summer Davos event in Tianjin on Monday: “Xiaomi was never meant to be just a smartphone vendor.” The company, which rocketed to fame through mega-sales of budget smartphones, is now stepping back from its revenue-driving product, amid a stagnating smartphone market and […]

Posted inNews

Xiaomi Tests Out Online Banking

It’s no secret that Chinese smartphone vendor Xiaomi has bigger plans than just making smart hardware, and an important part of its ambition is online finance, a business that has become an absolute must for almost all Chinese internet giants. As a further move towards the goal, Xiaomi invested 885 million RMB ($115 million USD) in […]

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