Xiaomi gets half its revenues from outside of China, reaches $10 billion in the Q1-Q3 period
Xiaomi has grown quickly over its short 6 years of existence and has expanded well beyond its home country. It now has official presence in 90 markets and is in Top 5 in terms of market share in half of those markets.
As of Q3 2019, half of the company's revenue is coming from the global market (the other half from China). The Q1 to Q3 period from last year that overseas revenue reached almost $10 billion.
Xiaomi will publish the financial report for the final quarter of 2019 soon and that will help it cross the $10 billion mark easily.
The company has joined the fight against COVID-19. It already shipped masks to Italy, France and Spain. Today Xiaomi pledged to deliver 1 million masks to Europe (many of which are already on the way).
Congrats Xiaomi! Proud RN7 user here.
- 30 Mar 2020
Yes, let's support death of innovation and inteligence thiever, yuhoo. Why should one pay for the innovator when there are this guys whom knockoffs sold for cheap (cause well, not so cheap anymore)? Why would anyone care for privacy when you have th...
- 28 Mar 2020
yes go xiaomi don't look at your back becuase huawei is there already just move forward.
- 27 Mar 2020