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XIAOMI CORP UNSP/ADR - XIACY STOCK NEWS

Welcome to our dedicated page for XIAOMI UNSP/ADR news (Ticker: XIACY), a resource for investors and traders seeking the latest updates and insights on XIAOMI UNSP/ADR stock.

Xiaomi Corporation, listed on the Hong Kong Stock Exchange, is a consumer electronics and smart manufacturing company known for its smartphones and IoT platform. With a focus on innovation and quality, Xiaomi provides high-quality user experiences and builds products at honest prices. The company has a strong global presence, ranking among the top smartphone manufacturers worldwide. Xiaomi's consumer AIoT platform connects millions of smart devices, offering innovative technology to enhance the lives of users around the world.

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Xiaomi Internet Partner Conference (MIPC Singapore 2024) concluded successfully, introducing the 2024 International Internet Partner Growth Strategy. Xiaomi unveiled three core services: 'Global IAP Games Joint Operation', 'Instant Web', and the 'Columbus Monetization Platform.' Xiaomi's app store, GetApps, has expanded to over 60 global markets with a monthly active user base of over 260 million. Xiaomi's internet services revenue reached RMB 7.4 billion in Q2 2023, with overseas revenue growing by 19.7% YoY.
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Digital Turbine expands partnership with Xiaomi to bring new app recommendations to Xiaomi mobile users worldwide.
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Xiaomi to host Mi Internet Partner Conference 2024 in Singapore on October 20th
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Xiaomi starts its 2023 Xiaomi International Theme Competition, aiming to attract more designers and generate themes with local designs for Xiaomi users worldwide.
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Xiaomi's International Internet Business Department showcased its customer success solutions for game developers with Xapads at the Game Developers Conference in San Francisco. The collaboration aims to enhance user growth through an innovative, one-stop solution package. Xiaomi's app distribution platform, GetApps, is set to expand to 28 markets in 2023, having already attracted over 150 million monthly active users. The presentation highlighted successful case studies, including a game that saw daily users grow by over 20,000 and monthly revenue increase fivefold. Xiaomi's 'Go Global' strategy aims to strengthen partnerships and business opportunities worldwide.

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Xiaomi's International Internet Business Department (IIB) recently hosted a workshop at Mobile World Congress in Barcelona, showcasing its MIUI platform's benefits for mobile game developers. By partnering with IIB, developers can gain exposure to over 563 million monthly active MIUI users, significantly boosting user acquisition.

The IIB offers a friendly revenue share policy and robust payment infrastructure covering 400 channels across 100 markets. A collaboration with Mobile Legends: Bang Bang demonstrated successful user growth, while IIB aims to extend similar services to European developers, promoting a rich ecosystem of mobile entertainment.

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Xiaomi's International Internet Business Department unveiled its "Go Global" strategy at the Mobile World Congress 2023 held in Barcelona. The plan focuses on enhancing partnerships with global developers, content providers, and marketers to capitalize on the potential of MIUI, which has 563.9 million active users. As of Q3 2022, revenue from overseas internet services surged 17.2% year-over-year to RMB1.7 billion, increasing its share of overall revenue to 24.2%. The strategy aims to expand market reach and improve service offerings while working with partners to enhance user engagement and entertainment experiences.

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Xiaomi has launched the Smart Air Purifier 4 Compact, receiving TÜV Rheinland Allergy Care Certification, showcasing its effectiveness against indoor allergens like pollen and pet dander. This model features a three-in-one filtration system with a high-efficiency filter capable of eliminating 99.97% of 0.3μm particles. Weighing just 2.2kg, it is designed for both table and floor use, making it versatile for any space. The purifier, priced at 119 Euro, also offers smart features including real-time air quality monitoring via the 'Xiaomi Home' App and compatibility with voice assistants.

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Xiaomi reaffirmed its commitment to data security and user privacy during its annual Security and Privacy Awareness Month, which concluded on June 30, 2022. Held in Beijing and Singapore, the events included training for employees and discussions with industry experts. The company released updated white papers and an annual transparency report. Xiaomi's efforts are overseen by a Security and Privacy Committee, emphasizing the importance of data protection for sustainable growth. Additionally, their Electric Scooter 4 Pro received IoT Security Rating Gold certification, marking it as the world’s safest electric scooter.

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FAQ

What is the current stock price of XIAOMI UNSP/ADR (XIACY)?

The current stock price of XIAOMI UNSP/ADR (XIACY) is $10.39 as of April 23, 2024.

What is the market cap of XIAOMI UNSP/ADR (XIACY)?

The market cap of XIAOMI UNSP/ADR (XIACY) is approximately 52.5B.

When was Xiaomi Corporation founded?

Xiaomi Corporation was founded in April 2010.

Where is Xiaomi Corporation listed?

Xiaomi Corporation is listed on the Main Board of the Hong Kong Stock Exchange.

What is Xiaomi Corporation known for?

Xiaomi Corporation is known for its consumer electronics, smartphones, and smart manufacturing, with a focus on innovation and quality.

What is Xiaomi's global market ranking in terms of smartphone shipments?

According to Canalys, Xiaomi ranks among the top 3 in the global smartphone market.

How many smart devices are connected to Xiaomi's consumer AIoT platform?

As of June 30, 2023, Xiaomi has 654.5 million smart devices connected to its platform, excluding smartphones, tablets, and laptops.

In which countries and regions are Xiaomi products present?

Xiaomi products are present in more than 100 countries and regions around the world.

What is the Fortune Global 500 ranking of Xiaomi Corporation?

In August 2023, Xiaomi listed as Fortune Global 500 for the 5th consecutive year.

What is the revenue growth trend for Xiaomi's overseas Internet business?

Xiaomi's overseas Internet revenue reached RMB 2 billion in Q2 2023, growing by 19.7% year-over-year and accounting for 26.8% of the overall Internet revenue.

What are the core services unveiled by Xiaomi during MIPC Singapore 2024?

During MIPC Singapore 2024, Xiaomi introduced core services like 'Global IAP Games Joint Operation,' 'Instant Web,' and the 'Columbus Monetization Platform.'

How does Xiaomi aim to deliver exceptional mobile internet service experience to users?

Xiaomi's International Internet Partner Growth Strategy, titled 'Grow with Xiaomi,' aims to establish a preeminent ecosystem for app and game distribution, content delivery, user growth, and monetization services.

XIAOMI CORP UNSP/ADR

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XIACY Stock Data

52.49B
15.71B
0%
Consumer Electronics
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United States of America
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