Xiaomi's name is increasingly on people's lips as a benchmark. The company is increasingly present outside of China, and only in UK opened four stores in the last year.
During the fourth edition of the Chu Business Conference Xiaomi CEO Lei Jun shared some interesting numbers. Xiaomi's international revenues were said to have reached 48% in the third quarter of 2019.
Xiaomi about to reach 50% in international revenues
The brand believes it will soon exceed 50% in terms of international revenues. This means that Xiaomi is increasingly established, becoming a company close to becoming truly global.
There is no doubt that the success of the company co-founded by Lei Jun must be borne in mind. This is because in nine years Xiaomi has become the benchmark it is, having a very comprehensive product booth.
Xiaomi will have been known to many people for selling cost-effective smartphones. Lei Jun himself states that the brand is a technology company focused on smartphones.
Many of their products also come from their sub brands. Xiaomi doesn't run these companies, but invests heavily in them. Nowadays it is quite common to see people with a Mi Band on their wrist. This is a good gateway to a brand that has everything to achieve even more.
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