First Redmi Note 7 flash sale ends in minutes

Yordan, 15 January 2019

Yesterday, Xiaomi representatives said the company is prepared to push 1 million Redmi Note 7 units by the end of January. Today was the first flash sale of the phone and 100,000 devices were sold in just 8 minutes 36 seconds, Lu said in a Weibo post.

Xiaomi Redmi Note 7

The Redmi Note 7 arrived with 48 MP camera, Snapdragon 660 and attractive price tags between $150 and $210, depending on the RAM and storage. Half of the units were sold via the online Mi Store, while the other 50,000 were pushed via third-party online resellers like TMall and JD.com.

The next flash sale is scheduled for Friday, January 18. It will start at 10:00 local time and it is likely to be over in minutes as well. The phone will be available in all three colors - Blue, Black, and Twilight Gold. It comes with a standard 10W charger in the box, but for just CNY10 more you can get the faster 18W option.

Source (in Chinese) | Via

Xiaomi Android

Reader comments

Anonymous
19 Jan 2019
ut@

Don't those 30 Euros go into shopkeeper's pocket? According to CounterPoint Research Xiaomi makes a profit of 2 USD per device sold. The company announced last April that it has indefinitely capped its net profit margin from hardware sales at 5%, whi...

AnonD-731363
18 Jan 2019
SH3

Well said. But i really dont think xiaomi will not make any profit here. Just for example buying price from the provider for our shops on A2 lite by xiaomi is 147,25 euros and we sell it for 175 to our customers. Thats 30 euros profit. I rea...