Youpin is where Xiaomi’s aspirations for extending the boundaries of its core business lies. Its product categories have been extended from core products smartphone and TV to ecological chain companies – air purifier and self-balancing scooters kind of products. Now, it has become an independent quality e-commerce platform selling a variety of products including mattress […]
China smart speaker market reached 10.6 million units with 51% market share by growing nearly 500% year-on-year in Q1 2019, becoming the largest smart speaker market according to data from Canalys. China overtakes the U.S. where 5.0 million smart speaker units were shipped during Q1 2019. The global smart speaker market has reached 20.7 million […]
In the first quarter of 2019, Xiaomi recorded RMB43.8 billion in revenue, representing an increase of 27.2% over the corresponding period of 2018. Profit for Q1 2019 grew to RMB3.2 billion and Adjusted Net Profit grew 22.4% year-on-year to RMB2.1 billion.
The monthly active devices of mobile internet totaled 1,131 million in December 2018, a net increase of 46 million compared with 64 million in the prior year period. The growth has declined from 17.1% in January 2017 to 6.2% in January 2018 and then the lowest point of 4.2% in December 2018. On average, each […]
By 2022, China will see 100 million units 5G smartphone and 9.98 billion units IoT devices. China’s internet giants have been acting actively to industrial internet and paid more attention to B2B business from different aspects. 5G network is finally starting to feel real in 2019 with smart devices (including smartphones, smart autos, and VR/AR […]
Shipments of wearable devices totaled 73.21 million units in 2018, up from 28.5% a year ago, which is expected to reach 120 million units by 2023. Combined shares of the top 5 vendors led by Xiaomi, Huawei, and Apple increased to 57.6%. In China, shipments of wearable devices reached 22.69 million units in Q4 2018, […]
China’s road to digital transformation is quite different from other markets as the consumer internet is driving the development of industrial internet, according to a report co-released by the Boston Consulting Group (BCG), Alibaba, and Baidu. To a certain extent, Chinese consumers have led a highly digital daily life. 20% of households in first- and […]
The number of connected devices (excluding smartphones and laptops) on Xiaomi’s IoT platform reached approximately 150.9 million units in 2018, a year-on-year increase of 193.2%. Xiaomi AI assistant Xiaoai had been installed and activated on more than 100 million smart devices as of December 31, 2018, and had over 38.8 million monthly active users in […]
DAUs of Baidu App increased by 24% year-on-year to 161 million. Baijiahao, or BJH accounts, Baidu’s content network, grew to 1.9 million publishers. MAUs of Baidu Smart Mini Program totaled 147 million, up by 30% sequentially. 98.5% of iQiyi’s subscribers were paying subscribers. DAUs of Haokan reached 19 million.
Xiaomi claimed to reach 100 million units of Mi power banks sales as of January 8, 2019 since its 1st generation became available in 2013. Xiaomi also took the opportunity to launch the latest 3rd-generation Mi Power Bank with a 20,000 mAh capacity and an affordable price of 199 yuan (US$29.42).
Chinese smart speaker users were expected to surge by 885% to 34.2 million by the end of 2018, representing 4.2% of overall internet users. China and America combined accounting for 70% of global smart speaker market in terms of sales. The top four vendors were Amazon, Google, Alibaba, and Xiaomi. Baidu’s DuerOS is potential to subvert the smart […]
China had 1.51 billion units active smart devices in Q2 2018, a growth of 4.1%. The domestic brands accounted for 69% of the total smart devices, 95% of which are Android devices. Check out the top brands and market shares. The top 10 smart devices ranking didn’t change in this quarter. Apple still took the […]