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General Information

Offices

Headquarters
68 Qinghe Road
Huaren Wucaicheng
Beijing, 100085, CHN

People

Founder and CEO, Board Of Directors
Co-Founder, President
Co-Founder, Vice-president
Co-Founder, Vice-president
Co-Founder, Vice-President
Co-Founder, Vice-President
Co-Founder, Vice-President
Vice-President, Xiaomi Global
Investor

Investments

Xunlei 4/2014
Westhouse 2/2014
Pebbles Interfaces 8/2013

Funding

TOTAL $347M
FUNDING TOTAL $347M
Series A, 12/2010
Morningside Group
QiMing Venture Partners
$41M
Series B, 12/2011
$90M
Series C, 6/2012
$216M
Series D, 8/2013

Tags

Xiaomi

Xiaomi Inc. is a privately owned company that designs, develops, and sells Internet services and consumer electronics.

Xiaomi has pioneered the mobile phone operating system via internet and making better mobile operating system through the participation of over 600,000 enthusiasts. Our employees are mainly composed of senior employees from Microsoft, Google, Kingsoft, Motorola, and other IT companies all over the world.

Born for Fanciers, Xiaomi targets the lower-middle market. The company has gained a loyal fan base by incorporating user feedback into the design of its latest sets and Android skins, which in turn help the company keep its development costs down. It offers Internet value-added products including TV boxes, backpacks, phone screen protectors, earphones, hats, men’s wear, women’s wear, and shoes, which were well received by consumers.

Mi-phone, MIUI, and Miliao are the three core businesses of the company, with a range of products like MIUI, Xiaomi Reading, Xiaomi TV, and Xiaomi TV Box.

Xiaomi Tech was founded in April 2010, but it already has a valuation of $10 billion after completing its latest round of fundraising on August 23, 2013. It has become the fourth largest Internet company in China, behind e-commerce giant Alibaba Group Holding Ltd, service portal provider Tencent Holdings Ltd and search giant Baidu Inc,

In the second quarter of 2013, a latest survey released by research firm Canalys showed Xiaomi sold a whopping 4.4 million smartphones in China versus the 4.3 million sold by Apple, Inc. As of August 14, 2013, Xiaomi sold about 17 million handsets.

Major rivals are Qihu360 and Samsung.

Recent Milestones

  • Dollar
    Xiaomi invested in Xunlei. (4/6/14)
    Posted 4/6/14 at 7:09pm via techinasia.com
  • Dollar
    Xiaomi invested in Westhouse. (2/16/14)
    Posted 2/16/14 at 11:10pm via techinasia.com
  • Check
    Xiaomi added Hugo Barra as Vice-President, Xiaomi Global. (8/29/13)
    Posted 8/29/13 at 12:46am
  • Check
    Xiaomi — Android VP Hugo Barra confirms he is joining Xiaomi (8/28/13)
    Posted 8/28/13 at 10:41pm via theverge.com
  • Dollar
    Xiaomi received in Series D funding. (8/22/13)
    Posted 8/22/13 at 8:35pm via venturebeat.com
  • Check
    Xiaomi — Xiaomi 2S ranked as top selling phone in mainland China for first half of 2013 (8/12/13)
    Posted 8/12/13 at 8:06pm via techcrunch.com
  • Dollar
    Xiaomi invested in Pebbles Interfaces. (8/1/13)
    Posted 8/1/13 at 8:19pm via co.il
  • Check
    Xiaomi — Chinese smartphone maker Xiaomi is reportedly set to close a funding round that values it at $9b (7/18/13)
    Posted 7/18/13 at 3:12am via thenextweb.com
  • Dollar
    Xiaomi received $216M in Series C funding. (6/26/12)
    Posted 7/20/12 at 10:38am via com.cn
  • Dollar
    Xiaomi received $90M in Series B funding. (12/27/11)
    Posted 12/27/11 at 6:59pm via dowjones.com
  • Check
    Xiaomi added Robin Chan as Investor. (10/1/11)
    Posted 2/4/14 at 12:04am
  • Check
    Xiaomi — Launched This Year, China's Xiaomi Near Close Of Round With $200M Valuation (12/17/10)
    Posted 12/23/10 at 8:01pm via dowjones.com
  • Dollar
    Xiaomi received $41M in Series A funding. (12/1/10)
    Posted 10/6/11 at 2:59pm via com.cn
  • Check
    Xiaomi added Li Wanqiang as Co-Founder, Vice-president. (4/6/10)
    Posted 8/15/13 at 5:00am
  • Check
    Xiaomi added Zhou Guangping as Co-Founder, Vice-president. (4/6/10)
    Posted 8/15/13 at 5:00am
  • Check
    Xiaomi added Lin Bin as Co-Founder, President. (4/6/10)
    Posted 8/15/13 at 4:58am

Videos

Screenshots

Xiaomi screenshot
Above: Xiaomi Screenshot -- #1
Uploaded: 2/11/14

Products

DuoKan Reader
MI3
MITV
MIUI V5
Mi 1
Mi 1S
Mi 2
Mi 2A
Mi 2S
MiBox Digital Receiver
MiHome launcher
MiTalk

Sources

  1. Xiaomi makes a play for video content, leads $310 million investment in Xunlei (techinasia.com) [edit]
  2. Xiaomi invests $20 million in Kingsoft-owned online gaming company (techinasia.com) [edit]
  3. Motion gesture co Pebbles Interfaces raises $11m (globes.co.il) [edit]
  4. 小米科技融资额达4100万美元 作价2.5亿美元 (finance.sina.com.cn) [edit]
  5. China's Xiaomi Raises $90M At $1B Valuation (fis.dowjones.com) [edit]
  6. Valuation of xiaomi reaches $4BN, Chinaventure (report.chinaventure.com.cn) [edit]
  7. Xiaomi’s new funding round skyrockets valuation to $10B (venturebeat.com) [edit]
  8. Launched This Year, China's Xiaomi Near Close Of Round With $200M Valuation (fis.dowjones.com) [edit]
    Chinese smartphone maker Xiaomi is reportedly set to close a funding round that values it at $9b (thenextweb.com) [edit]
    Xiaomi Beats Samsung To Top China’s Smartphone Charts (techcrunch.com) [edit]
    Android VP Hugo Barra says farewell to Google, confirms he is joining Xiaomi (theverge.com) [edit]
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Last Edited 4/6/14

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