● Enjoy Redmi Note 5 with more attractive packages
● Stand a chance to win Xiaomi prizes on #ShotOnRedmiNote5 photography competition
After an 8-year journey with many groundbreaking milestones, Xiaomi has taken the next big step with its successful listing on the Main Board of The Stock Exchange of Hong Kong Limited.
Founded in 2010, Xiaomi is an internet company with smartphones and smart hardware connected by an IoT platform at its core. Its mission is to relentlessly build amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.
With this mission, Xiaomi developed a unique “triathlon” business model, which encompasses hardware, new retail and internet services, with a focus on increasing efficiency, which comes from lowering operating costs, especially sales and marketing costs.
This results in products that are high quality and priced honestly. In fact, Xiaomi pledged that starting in 2018, Xiaomi’s hardware businesses’ overall net profit margin will not exceed 5% per year. If the net margin exceeds 5%, the company will return the excess to its users.
Xiaomi has become the fastest growing Internet company and second fastest growing company globally, as measured by organic revenue growth compared to publicly-listed profitable companies with revenue of over RMB 100 billion ($15 billion) in 2017, according to iResearch.
In 2017, Xiaomi had 67.5% revenue growth, exceeding RMB 100 billion ($15 billion), achieving a growth rate that many traditional companies are unable to match. It took the company only 7 years to achieve revenue of RMB 100B, compared to companies like Google (9 years), Facebook (12 years), Apple (20 years).
With its unique ecosystem model, Xiaomi has invested in more than 90 IoT and lifestyle companies and created a comprehensive suite of products that revolve around our smartphones, including mobile peripherals, smart hardware and lifestyle products. In 2017, it became the world’s largest consumer IoT platform in terms of the number of connected devices (excluding smartphones and laptops), according to iResearch.
To celebrate the company’s recent listing on The Stock Exchange of Hong Kong Limited (HKEX), Xiaomi will be having a special promotion involving Redmi Note 5, The Camera Beast with AI dual camera.
From 9th July to 31st July:
● With every purchase of Redmi Note 5 (64GB), customers are entitled to a free Mi Powerbank 2 (Worth RM69)
● With every purchase of Redmi Note 5 (32GB), customers are entitled to a Purchase-With-Purchase (PWP) of a Mi Powerbank 2 at 50% (RM34.50).
● Mi Band 2 promotion price : RM88 (RRP: RM119)
Mi Photographer Contest
In addition to the special Redmi Note 5 promotion, Xiaomi will also organize a smartphone photography contest for The Camera Beast.
From 9th July to 31st July:
● Contestants will have a chance to win exciting prizes from Xiaomi including Mi Band 2, Powerbank 2 and Mi Selfie Stick
● 8 winners with the most creative photos using hashtag, #ShotOnRedmiNote5 will be announced on 1st August
In addition to awesome Xiaomi goodies, winners will also be invited to join an exclusive photography event featuring the judge of the contest, international photographer, Mars Khor and social media influencer, Jeii Pong
For additional information about Xiaomi, visit: http://blog.mi.com/en/ ***
Xiaomi is an internet company with smartphones and smart hardware connected by an IoT platform at its core. Xiaomi was founded in 2010 by visionary entrepreneur Lei Jun and a group of accomplished engineers and designers, who believed that high-quality and well-designed technology products and services should be accessible to the world. The company’s mission is to relentlessly build amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology. With presence in more than 70 markets worldwide, Xiaomi is a global player that has successfully achieved a foothold in key international markets.
For more information, please contact: Ms. Ran Ji