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Xiaomi India profit plunges 77 pc to Rs 239 cr, revenue dips to Rs 26,697 cr in FY23

Xiaomi's revenue from operations declined by about 32 per cent to Rs 26,697 crore in FY23 from about Rs 39,100 crore in FY22New Delhi: Chinese smart device maker Xiaomi Technology's profit in India nosedived 77 per cent year-on-year to...

Xiaomi plans to double product shipments to 700 mn in India over next 10 years: Co president

Xiaomi has partnered with Dixon Technologies, Foxconn, Optiemus, BYD etc to make devices in IndiaNew Delhi: Chinese smartphone maker Xiaomi expects to double its device shipments in India to 700 million over the next 10 years, a senior company...

Retailers body to seek govt intervention on POCO’s business practices

The ORA claimed that the business methods of the firm are a clear indication of POCO’s attitude to minimise spending by reaching the product through online and "illegitimate"New Delhi: The South Indian Organised Retailers Association is planning to seek...

Xiaomi shifts gear towards premiumisation with launch of Rs 1 lakh device

The company launched Xiaomi 14 Ultra priced at Rs 99,999 apiece and Xiaomi 14 for Rs 59,999 per unitNew Delhi: Chinese smartphone maker Xiaomi on Thursday marked a shift in its business strategy to move towards premiumisation of its portfolio...

Smartphone shipments in India dips 16 pc in Jan-Mar: IDC

India's smartphone market is expected to see flat growth in 2023New Delhi: Smartphone shipments in India declined 16 per cent year-on-year in the January-March quarter to 31 million units, market research firm IDC said on Thursday.Realme and Xiaomi shipments recorded...

Xiaomi bets on 4K tech for dominance in smart TVs

Xiaomi India is banking on introducing newer technology in the 4K smart television category to maintain its lead, as it sees the market to remain flat in 2023New Delhi: Smart device maker Xiaomi India is banking on introducing newer technology...

E-tailers eye Super Bowl of shopping to boost sales in India

Like all things American, Black Friday madness that began after Thanksgiving Thursday took over the Indian shoppers as several online players as well as offline stores on Friday jumped on the bandwagon to boost sales and add new customers...

Xiaomi ventures into lifestyle products

Xiaomi, has launched a diverse range of Xiaomi lifestyle products on the Flipkart platform which includes shoes, backpacks and suitcases.Mi Men’s Sports Shoes 2 are engineered with 5-in-1 uni-moulding technology, that combines five different materials making them shock-absorbent, durable...

Xiaomi leads India wearables market in Q3 2018: Report

Riding on the success of its Mi Band 3 fitness tracker, Xiaomi has maintained its leadership in the country's wearables market with a 41 per cent market share in the third quarter of this year, the International Data Corp...

Xiaomi opens record 500 retail stores in one day in rural India

Chinese electronics major Xiaomi on Tuesday announced it has opened a record 500 retail stores in rural parts of India.Called Mi Stores and opened on October 29, these are similar to the bigger 'Mi Home' stores currently operational in...
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Ice cream boutique Gold by ICW opens new outlet in Juhu

The boutique features its signature creations such as the 24K gold leaf ice cream, artisanal sorbets, and sundaesBengaluru: Luxury...
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