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Retail Asia26/11/2018

Meitu and Xiaomi have formed a strategic partnership to jointly launch Meitu-branded phones and other smart devices. The partnership between Meitu – best known for its selfie app – and Xiaomi, a fast-growing technology company with smartphones at its core – will have a far-reaching impact on the brand development of Meitu and Xiaomi as […]

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Retail Asia23/11/2018

Xiaomi India says it opened 500 retail stores in one day in India late last month. The Chinese electronics retailer has bannered the network Mi Stores – smaller, compact versions of the Mi Home stores, developed for mainly rural parts of India. “The company created a Guinness record for opening the maximum number of stores […]

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Retail Asia21/11/2018

The electric scooter craze has well and truly hit New Zealand. Within just hours of Chinese electronics giant Xiaomi, or “Mi” as many know it as, opening the doors to its first New Zealand store, the retailer sold more than $250,000 worth of electric scooters. In just seven hours it had clocked $257,750 in sales from […]

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Retail Asia01/11/2018

Xiaomi will open its first store in the UK next week. The fast-growing Chinese electronics company will also sell its smartphones through the Three network, giving the brand exposure in hundreds of stores across the UK and in the Republic of Ireland. The Xiaomi UK launch follows openings in Spain and Paris as it joins […]

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Retail Asia30/10/2018

Xiaomi’s affordable smartphone Pocophone F1 is arriving in Korea next month. The Pocophone F1, the first smartphone from Xiaomi’s sub-brand Poco Global, was first unveiled in early August. The F1 will cost 429,000 won ($376) here, around one-third of the price of an Apple iPhone XS and half the price of Samsung Electronics’ Galaxy Note […]

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Retail Asia05/10/2018

Chinese electronics brand Xiaomi has opened its largest Mi Home store in Wuhan. The new location, launched shortly after the firm reached its target of 100 Mi Home stores in China, features a smart home demo zone that showcases a range of its products in a home-use environment. Sales assistants are on-hand in Xiaomi’s stores […]

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Retail Asia02/10/2018

The JD Thai JV with Central Group has been formally launched this week under the brand JD Central. “Our partnership with Central Group – a one-of-a-kind union between China’s biggest retailer and Thailand’s strongest retail player – will provide Thai customers with a truly world-class e-commerce experience and guarantee 100 per cent product authenticity,” said […]

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Retail Asia17/07/2018

Xiaomi’s Redmi Note 5 became the Chinese electronics giant’s first mobile phone to officially sell through Korean mobile carriers on Monday. The cost-effective phone, priced at 299,000 won ($265), is the first Xiaomi device launched nationwide through Korean mobile carriers SK Telecom and KT. Unlocked Xiaomi phones have previously been available through other retail channels […]

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Retail Asia10/07/2018

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Xiaomi, the first company to raise capital under Hong Kong’s overhauled listing rules for pre-revenue start-ups or companies with multiple classes of stock, sputtered during its trading debut on the city’s exchange when investors spooked by the US-China trade war refrained from buying its shares. Shares of the Beijing-based company, offered a week ago at […]

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Retail Asia06/07/2018

Xiaomi’s highly-anticipated initial public offering in Hong Kong drew nearly ten times more applications for share purchases than what it made available for retail investors, after the Chinese tech giant priced at the bottom end of its target range. The company received applications for more than 1bn shares, about 9.5 times the 108.9m shares the […]

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Retail Asia03/07/2018

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Singapore’s VivoCity mall has opened a new 3000sqm basement extension housing 10 fashion, athleisure and lifestyle brands. Mapletree Commercial Property Management VP for marketing communications Gwen Au said the new extension will allow shoppers to discover new retail concepts and expanded fashion and lifestyle collections. A new escalator lobby has been constructed leading through the […]

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Retail Asia24/05/2018

Chinese smartphone maker Xiaomi Corp, which is planning to raise US$10 billion in a Hong Kong public listing, says it has launched sales in France and will enter the Italian market tomorrow. In France, Xiaomi is selling through its first Mi Store in Paris, via its own e-commerce platform Mi.com, and on other online and […]

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Retail Asia09/05/2018

Chinese smartphone giant Xiaomi has filed documents for an IPO on the Hong Kong stock exchange that could see the company raise at least $10 billion in the biggest public offer since 2014. The IPO is expected to value the company at between $80 billion and $100 billion, according to data and analysis company GlobalData. This would make […]

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Retail Asia07/05/2018

Hong Kong conglomerate CK Hutchison has entered an agreement with Chinese smartphone maker Xiaomi covering distribution of Xiaomi smartphones. Under the agreement, CK Hutchison will bring Xiaomi smartphones, as well as IoT and lifestyle products, to its vast network of telecom and retail stores. CK Hutchison’s 3 Group and AS Watson brands will be able to […]

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Retail Asia11/04/2018

Global online retailer LightInTheBox Holding has signed a strategic distribution agreement with Xiaomi to sell its technology products in North America. It is Xiaomi’s first cross-border e-commerce distribution partnership in the region, and customers buying its products through LightInTheBox platforms will receive local customer support from Xiaomi. Founded in 2010 by entrepreneur Lei Jun, Xiaomi […]

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Retail Asia10/04/2018

China’s Xiaomi said it wants its global smartphone component makers to set up base in India, in what is likely to bring as much as US$2.5 billion of investment to the South Asian nation while also creating up to 50,000 jobs. Xiaomi’s push could boost Prime Minister’s Narendra Modi’s flagship ‘Make in India’ drive that […]

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Retail Asia26/03/2018

China’s Xiaomi has partnered with Shopee Thailand to provide its smartphones on the online platform. And the company also plans to open 20 authorised shops and 50 Xiaomi zones for its products in stores and shopping centres in Thailand this year. Xiaomi Southeast Asia regional sales manager John Chen says the collaboration with Shopee will […]

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Retail Asia13/03/2018

Xiaomi will be launching a new smartphone in India on March 14. Manu Kumar Jain, Xiaomi global vice president, made the announcement on Twitter on Wednesday, hinting at a phone that is “compact” and “powerhouse”. The phone featured in the promo photo resembles Xiaomi Redmi 5, the company’s first full-screen smartphone for the budget segment. Just […]

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Retail Asia19/02/2018

Xiaomi relied a lot on online sales in its first years, selling competitively-equipped smartphones at cost. With that strategy, Xiaomi managed to rise to the top of the smartphone charts in China and India within four years of its establishment, becoming the third largest smartphone maker in the world by 2014. However, the rising giant […]

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Retail Asia15/02/2018

The first authorised Philippine Mi Store is set to open on February 17 at Ayala’s TriNoma Mall in Quezon City. Chinese electronics and appliances maker Xiaomi will showcase its three new Redmi 5 smartphone models in the first quarter this year: the Redmi 5A, Redmi 5 and the Redmi 5 Plus. After the success of […]

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