The year is tending towards the end and it is time for sums and budgets, and for the Chinese giant Xiaomi things could not get any better. Indeed the company is destined to close the year with a result well above the target set for the 2017. Reports from China indicate that Xiaomi's revenue target will be well higher than 18% cashing a net profit of alment 1 billion dollars with gross estimates of at least 17 / 18 billion dollars. The amazing thing is that industry analysts a net profit of 2018 billion dollars is expected for the 2, so a success doubled compared to what happened in the 2017.
This last projection is reflected in a positive way, causing the technological giant to reemerge, which came precisely from a recent collapse in sales in recent years. The collapse led to one general review of the Xiaomi commercial approach, which has gone from a sales model focused on the online channel, to one that also integrates the offline sector. Many stores have been opened this year with disembarkation also in Europe and it is also rumored to be coming soon in Italy (at the moment Xiaomi officially landed on Amazon Italy). Big investment has also been made from the point of view of marketing, especially in India with huge successes also rebounded in countries like Indonesia, Vietnam, Russia and the United Arab Emirates.
Xiaomi should launch an IPO for next year (literally IPO means Initial Public Offering, which is the process by which a company is listed on the stock exchange.) The first listing of a company's shares takes place on the primary market, as it allows investors to buy the securities at the time which are issued for the first time.) with evaluation of 100 billions of dollars and with such projections of turnover the result will soon arrive. The source of income of the technological giant Xiaomi transcends that of smartphones and includes gadgets for the home, wearable etc .. Well we wish so much luck to our favorite brand and we can only address our warmest congratulations.
