Electronic brand Xiaomi wants to open 1,000 stores by 2020

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13 November 2018 à 11h12

Updated on 10 May 2019 à 16h38

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1 minute

Publication: 13 November 2018 à 11h12, Updated on 10 May 2019 à 16h38

Reading time: 1 minute

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Publication

13 November 2018 à 11h12

Updated on 10 May 2019 à 16h38

Reading time

1 minute

Publication: 13 November 2018 à 11h12, Updated on 10 May 2019 à 16h38

Reading time: 1 minute

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Chinese electronics brand Xiaomi has opened its largest ‘Mi Home’ store in Wuhan. It features a ‘Smart Home’ area to showcase a range of Xiaomi products in a domestic environment. Xiaomi aims for 200 ‘Mi Home’ stores in China by the end of the year, with 1,000 units by 2020. The brand’s physical stores are a move to compete with other brands. The Chinese group reported net income of US$2.1 billion for the first quarter in June, with revenue climbing to US$6.5 billion.

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