William Lu, Senior Vice President of Xiaomi Group, has said that the technology company's new flagship store will open at Wanxianghui on Zhongshan Road in the southern Chinese city of Nanning on April 30.
On November 12th, in an internal correspondence, Xiaomi announced the integration of its independent e-commerce platform, Xiaomi Youpin, and China Region's retail business.
William Lu, President of Xiaomi Group China and General Manager of the Redmi brand, said in an interview on Wednesday that Xiaomi's new internal goal is to open 30,000 stores within two or three years.
Gao Ziguang, Vice President of Xiaomi and General Manager of China Sales Department, left the company today, and his future career is yet to be determined.
Commercial inquiry platform Tianyancha shows that the business scope of Mi Home Commercial Co., Ltd has changed to include non-residential real estate leasing and real estate brokerage in its offerings.
Xiaomi eco-chain released its 2017 annual data on December 29, demonstrating sales in excess of 20 billion yuan – up 100 percent from 2016.
The world’s first Xiaomi flagship store opened on November 5 in Mixc Shopping Mall, Shenzhen. Lei Jun, founder and chairman of Xiaomi, was present at the ceremony with 11 Xiaomi partners and Xiaomi President Lin Bin.