Xiaomi is the Third-Biggest smartphone Company in the world. Xiaomi Ranked at place 70th on the Top 100 Most Valuable Global Brands 2021.It’s India’s Top Selling Smartphone Brand and one of China’s top Smartphone Company.
It is present in 74 + markets around the globe, With nearly 22,074 employees and more than 350 + million people using this smartphone and product and services.
The company makes up about CN¥245.87 billion of it’s revenue in 2020,Revenue for the period amounted to RMB76. 9 billion, representing an increase of 54.7% year-over-year while adjusted net profit for the period came in at RMB6.
The company was started in 2010 company only sold its products online in effort to reduce it’s overhead costs.
It avoided spending money on advertising and relied on brand loyal customers to spread the world. Xiaomi’s selling point was simple, offer high quality devices, but at lower prices than competitors.
It’s became China’s NO.1 smartphone in 2014.It Planes to open 2.000 stores worldwide by 2019 with just about half of then in china.
In 2017,comapnies sales grew more than 67 percent from the year prior, leading some to call it ‘China Phoenix.’
How to Xiaomi acquired Success ?
I really like this company with their marketing strategies and what about you ?
Trade Show Marketing
Social Media Marketing
Flash Sales / Inbound Marketing
For example. Xiaomi Smartphones operates on google android.
More about Xiaomi Company
|Total Funding||US$38.83 billion|
|Adjusted Net Profit||US$3.11 billion (2020)|
Xiaomi – Founders/Owners
Who is the founder, CEO, and President of Xiaomi ?
Who is co-founder Of Xiaomi ?
What is Difference Between Marketing and Sales ?
2.Sales-It is Increases Sales revenue, help’s in sales and Balance Sheet Top List.
Twitter Profiles Of Founders
- Lei Jun.
- Xiaomi co-founder & President Lin Bin
- Dr. Zhou Guangping,
- Liu De
- Li Wanqiang
- Wong Kong-Kat
- Hong Feng
- Xiaomi co-founder Chuan Wang
Visit Official Leadership Team Page
Funding and Investors in Xiaomi
|December 2010||Series A||$41 Million||–|
|December 2011||Series B||$90M||IDG Capital, Shunwei Capital, Morningside Venture Capital|
|June 2012||Series C||$216M||Morningside Group|
|June 2012||Series C||–||Morningside Venture Capital|
|August 2013||Series D||–||DST Global|
|October 2014||Debt Financing||$1B||Goldman Sachs, Credit Suisse, Deutsche Bank, Morgan Stanley, JP Morgan Chase|
|December 2014||Series E||$1.1B||–|
|April 2015||Funding Round||–||Ratan Tata,DST Global,HOPU Fund,GIC,All-Stars Investment,YunFeng Capital|
|March 2016||Secondary Market||–||–|
|July 2017||Debt Financing||$1B||Morgan Stanely, Deutsche bank, NGP Capital|
|April 2018||Secondary Market||$800K||Qualcomm Ventures|
What Are the Xiaomi Future Planes ?
Xiaomi’s advantages in operating systems and home furnishing also bring a lot of imagination for such collaboration in the next days.
Apace smartphones, Xiaomi makes dozens of internet-connected devices including scooters, air purifiers and rice cookers also.
The dense plans to launch its first EV around 2023, one of the people opinion. It will enable its cars to connect with other devices in its product eco-system, the people Opinion.
Bewilders-based Great Wall, China’s biggest pickup truck maker, this year launched a standalone brand for electric and smart vehicles. It is also building an EV factory in China with Germany’s BMW AG.