Xiaomi to setup physical stores, focus on offline sales

Xiaomi, as we all know, sells its products only through online channels. However, that is set to change in the near future as the Chinese company is now planning to set up physical stores.

According to the firm's CEO Lei Jun, the plan is to set up over 1,000 brick and mortar stores in the next two years. These stores will be located in major cities, presumably Chinese to begin with.

He added that the stores would be 250 square meters large and will not only carry smartphones but other Xiaomi products as well - a total of 50 to 100 different types of products, he said.

For those who missed, a recent IDC report revealed that Xiaomi is no longer in the list of top-5 smartphone vendors in the world.

Via