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Chinese smartphone maker Xiaomi is likely to expand its sales model of online to offline integration abroad, as its chief executive pins his hopes on so-called “new retail” to arrest a slide in its home market as well as winning more buyers overseas. Lei Jun,…
Although it crossed $1 billion in revenue in 2016 within the first two years of its operations in India, Xiaomi — once touted as the “Apple” of China — has slipped to fourth spot back home as the demand for its smartphones declined 22 per cent annually —…
Chinese smartphone maker Xiaomi has pinned its hopes on offline sales with a plan to open 1,000 brick-and-mortar stores over the next three years, targeting 10 billion yuan in revenue from this channel, its founder and chief executive Lei Jun said on…
After pioneering online flash sales in China to reach the top of the smartphone market, Xiaomi Corp. is turning to old-fashioned retail to arrest its slide. The phonemaker will roll out a chain of about 1,000 brick-and-mortar stores under the Mi Home banner…
Apple has finally halted the dream run of Xiaomi in China, the largest smartphone market in the world, edging the Chinese phone giant from the fourth slot by shipping nearly 45 million iPhones to the Communist nation, a report by market research firm IDC…
Hugo Barra, the international head at Xiaomi, is returning to Silicon Valley to head Facebook’s VR efforts, after spending three and half years in Beijing leading the Chinese smartphone maker’s global division. The announcement was made by Facebook head Mark…
Founded in 2010 in China, Xiaomi entered the Indian market in mid 2014. Since then, the company has aggressively launched its value for money smartphones and accessories. As per the latest numbers shared by IDC, Xiaomi has become the third-largest smartphone…
Never mind smartphones – Chinese tech giant Xiaomi is now eyeing anything and everything as it broadens its investment portfolio. With the mobile handset market increasingly crowded globally, and offering diminishing returns, a new Xiaomi expansion strategy…
China’s government has issued an order for all app stores on the mainland to be registered. In a notice on its website, the Cyberspace Administration of China says its offices should ensure that records are kept on the country’s many app stores. “Many apps…
LeEco may be one of the best-known Chinese smartphone vendors globally after Lenovo, Huawei and Xiaomi, but the company has been in severe financial stress in recent times. The Beijing-based firm recently ventured out of China to establish a global footprint,…
Xiaomi Mi Mix now available via Lazada in Singapore Xiaomi fans in Singapore are in for a treat as the Mi Mix concept phone is now available for purchase via Lazada. Although the phone’s availability is officially limited to China, some enterprising stores…
Xiaomi Malaysia has launched an official store on Lazada. A sale will kick off the brand’s arrival featuring the Mi Band 2, Mi Capsule Earphones and 10,000mAh Mi Power Bank Pro. Mi products, ranging from Mi Phones, Mi Smart Devices, Mi Power Banks, and Mi…
Chinese handset maker Xiaomi has launched a new smartphone that uses technology allowing the vendor to push the screen all the way to the top edge of the device. The MIX smartphone uses a technology from Elliptic Labs to replace the standard hardware…
Xiaomi is broadening its already expansive range of products by venturing into virtual reality for the first time. The company today announced the Mi VR Play, an “entry-level” virtual reality headset that it hopes can open this new exciting medium to new…
Ticket Monster (T-Mon), Korea’s leading social commerce platform, announced Thursday that it will be supplying convenience store franchise CU with Xiaomi products for offline distribution. CU outlets have already been selling Xiaomi portable battery packs…
To date, Xiaomi has focused overwhelmingly on internet sales of its smartphones and media devices in order to keep costs down. Even its tiny retail footprint has largely been limited to service centers and “experiences.” However, that’s all going to change in…
