Through a new statistical survey, Chinese Xiaomi giant has not only been confirmed as the fourth largest smartphone manufacturer behind Huawei, Apple and Samsung, but has also been ranked as the second-ever start-up in the world for importance and economic value.
As you can see, Xiaomi is valued at $46 billion, which puts it just below the top spot currently occupied by Uber with a valuation of $50 billion. Regardless of the fact that they are two completely different companies, it is important to note that Xiaomi is the world's leading start-up in the smartphone sector.
For those who did not know (Wikipedia):
In economics with the term startup a new enterprise is identified in the form of a temporary organization or a corporation in search of a repeatable and scalable business model. Initially the term was used only for startups operating in the Internet or information technology sector
What's more, Xiaomi also holds the world record for selling 2 million smartphones in just 24 hours. To further increase the popularity and importance of Xiaomi we recall the achievement of numerous awards at the latest ID Design Awards | Here are the Xiaomi accessories that have won the iF Product Design Award 2016 |.
In short, the future can only be rosy for Xiaomi and all its investors, in the hope that, in the short term, it may be, for the sake of proportions, even for us Europeans.
via | Xiaomi Fans Italia
