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Qatar Tribune
2 days ago
- Business
- Qatar Tribune
Xiaomi reopens European stores: Growth ahead
Agencies Parisian Alexandre Martins still remembers Chinese electronics brand Xiaomi's old stores in the French capital, where his parents and sister used to shop. 'They were at good locations, like Chatelet [a commercial area in central Paris] … I used to go scout for stuff and then buy them online,' Martins said. The Chinese tech brand opened its first boutique in France in 2018, but had shut all of its stores in the country by 2022, opting instead to maintain a presence online and with partnered retailers and operators. 'I don't think they were making a lot of money … back then its image was not that good; there was always this sense that 'Ah it's Xiaomi, it's a Chinese brand, the quality is not good',' Martins said on Monday. Xiaomi is now preparing for a comeback, announcing plans this month to open 500 new retail stores outside China this year, especially in 'developed markets'. It said it aims to open 10,000 stores overseas in the next five years. The decision to close all its stores in France in 2022 'corresponded to an adjustment in Xiaomi's retail strategy, which aimed to respond to the purchasing behaviour of the French', the company said on Thursday. Without elaborating on its specific store plan for France, Xiaomi is now taking a different tack. 'Their advertisements [in France] now look very iPhone-ish, very simple, against a white background … the image of their products is a lot better this time around,' Martins said. Analysts said Xiaomi was one of many Chinese brands that now stand a better chance of winning over European customers thanks to advertising efforts, sports sponsorships, and an increasingly positive perception of China, especially compared to the severe deterioration in the United States' image since Donald Trump returned to the White House in January. Xiaomi founder and CEO Lei Jun told investors earlier this month that the company, which has established 16,000 Mi Home stores in China, planned to establish 10,000 overseas in the next five years, according to a research note by JP Morgan analysts.
Time Business News
05-06-2025
- General
- Time Business News
Simplify Healthy Cooking with Xiaomi Air Fryers
For those who love fried food but want to maintain a healthy lifestyle, air fryers are a game-changer. Xiaomi, a renowned name in home appliances, offers cutting-edge air fryers that combine smart functionality with stylish designs. Whether you're considering the Xiaomi Air Fryer 5.5L or checking out the larger 6L model, these products are perfect for Pakistani households looking to revolutionize meal preparation. This article explores how Xiaomi air fryers help simplify healthy cooking, their exceptional features, and why they are worth every penny. Healthier Cooking Options Traditional frying requires a large amount of oil, adding unnecessary calories to your meals. Xiaomi air fryers use hot air circulation to fry food, allowing you to cook with up to 85% less fat without compromising on taste or texture. User-Friendly Smart Features Xiaomi air fryers are equipped with intuitive smart features. Through the Mi Home app, you can control and monitor the fryer remotely, schedule start times, and explore hundreds of recipes tailored to air fryer cooking. Versatility and Convenience From crispy fries to grilled chicken, Xiaomi air fryers are versatile tools for preparing various cuisines. They're perfect for busy households that need quick and convenient meal options. Competitive Pricing in Pakistan If you're searching for the best Xiaomi air fryers price in Pakistan, you'll be pleasantly surprised by how affordable these devices are compared to other premium air fryer brands. With various models like the Xiaomi Air Fryer 5.5L and Xiaomi Air Fryer 6L, there's an option for every budget. The Xiaomi Air Fryer 5.5L is a perfect fit for a small to medium-sized family. Its well-thought-out design and advanced functionality make it a favorite among users. Here's what sets it apart: Spacious Capacity: With 5.5 liters of cooking space, this model is ideal for families, allowing you to prepare generous portions. With 5.5 liters of cooking space, this model is ideal for families, allowing you to prepare generous portions. Smart Control: Connect to the Mi Home app and control your cooking through your smartphone. No need to stay in the kitchen while your meal is being prepared. Connect to the Mi Home app and control your cooking through your smartphone. No need to stay in the kitchen while your meal is being prepared. Preset Programs: The device comes with multiple cooking presets, making it easier to select the right settings for fries, chicken wings, or vegetables. The device comes with multiple cooking presets, making it easier to select the right settings for fries, chicken wings, or vegetables. Temperature & Timer Customization: Ranging from 40°C to 200°C, you can perfectly roast, bake, or air fry your favorite recipes. The timer adds convenience by helping you avoid overcooking. Ranging from 40°C to 200°C, you can perfectly roast, bake, or air fry your favorite recipes. The timer adds convenience by helping you avoid overcooking. Energy Efficient: Cook faster while using less electricity, making it a sustainable and cost-effective choice. If you have a larger family or entertain guests often, the Xiaomi Air Fryer 6L is worth considering. This model not only provides increased capacity but also includes additional features to make meal prep even simpler. Extra Cooking Space: With an additional 0.5 liters, you can easily prepare more food in one go compared to the 5.5L model. This makes family dinners and meal prep more convenient. With an additional 0.5 liters, you can easily prepare more food in one go compared to the 5.5L model. This makes family dinners and meal prep more convenient. Upgraded Functions: The 6L model often includes enhanced presets or modes tailored for baking or grilling. The 6L model often includes enhanced presets or modes tailored for baking or grilling. Great Value for Money: Despite its larger size, the Xiaomi Air Fryer 6L, like other Xiaomi products, is still competitively priced within the air fryer category. You may be wondering if an air fryer is really worth it compared to traditional frying methods. Here are some compelling reasons why Xiaomi's air fryers should replace your frying pan: Less Oil, More Health: Air fryers drastically reduce oil consumption, making your meals healthier. Consistent Results: Advanced hot air circulation technology ensures your food is evenly cooked. Time-Saving: No need to preheat oil. Air fryers heat up quickly, cooking meals faster. Safety First: Avoid splashing oil and accidental burns. Xiaomi air fryers are designed with user safety in mind. Pakistani cuisine features a variety of fried and grilled dishes that can now be enjoyed guilt-free. From crispy pakoras during rainy weather to perfectly cooked fish for family dinners, Xiaomi air fryers are tailor-made for the local palette. Additionally, their sturdy build and durable design mean they can handle frequent use, which is essential in a bustling Pakistani household. Cost Efficiency: The Xiaomi air fryers price in Pakistan is highly competitive, especially given the premium features these devices offer. The is highly competitive, especially given the premium features these devices offer. Adapted to Favorites: With customizable temperatures and timers, you can recreate traditional dishes like samosas or kababs with a fraction of the oil. To find the best deals, explore online retailers or Xiaomi's official stores. You'll often find discounts and promotions, especially during festive seasons. Keep in mind that purchasing from an authorized retailer ensures that you get an original device along with warranty coverage. When deciding between the Xiaomi Air Fryer 5.5L and the 6L, consider your family size and cooking habits. The 5.5L model is perfect for small to medium households, offering a balanced mix of capacity and affordability. However, if you frequently host guests or need extra cooking space, the 6L model is the way to go. Xiaomi air fryers make healthy cooking both simple and enjoyable. Whether you choose the Xiaomi Air Fryer 5.5L or the larger 6L model, these kitchen appliances are packed with features that enhance your cooking experience. Designed for modern households, they provide a healthier way to enjoy your favorite dishes without compromising on flavor or texture. TIME BUSINESS NEWS
Yahoo
19-03-2025
- Automotive
- Yahoo
Xiaomi raises EV sales target, plans new overseas stores as Q4 revenue jumps
BEIJING/SHANGHAI (Reuters) - China's Xiaomi on Tuesday reported an almost 50% jump in fourth-quarter revenue, beating analyst estimates, and raised its target for electric vehicle deliveries this year to 350,000 from 300,000. The world's third-largest smartphone maker, whose product lines extend to home appliances and cars, also said it planned to expand its store network across China this year and open 10,000 new Mi Home stores overseas in the next five years. The company reported a 48.8% rise in fourth-quarter revenue to 109 billion yuan ($15.1 billion), beating the 103.94 billion yuan average of 17 analyst estimates compiled by LSEG. Adjusted net profit jumped 69.4% year-on-year to 8.32 billion yuan, ahead of the average estimate of 6.399 billion yuan. Xiaomi president Lu Weibing said on an earnings call that he saw great potential for the company's products - from phones and tablets to cars - in overseas markets, though he added the complexity of expanding abroad was "quite high". Lu said the company aimed to start shipping cars overseas in 2027. Xiaomi's Hong Kong-listed shares closed up 3.3% before the earnings release. The stock has surged 284% over the past 12 months amid investor enthusiasm for its EV plans. Xiaomi began manufacturing EVs last year with the launch of the SU7 sedan after selling smartphones, household appliances and smart gadgets for most of its 15-year history. It reported 32.1 billion yuan in revenue for its EV business in 2024, delivering more than 135,000 SU7 sedans. The adjusted net loss related to its EV and other new initiatives reached 6.2 billion yuan. Xiaomi's fourth-quarter global smartphone shipments rose 5% from a year earlier to 42.7 million handsets, ranking it third globally, with a market share of 13%, data from researcher Canalys showed. In China, its largest market, shipments surged 29% to 12.2 million handsets over the same period, ranking it fourth, with a market share of 16%, according to the Canalys data. Lu said Xiaomi aimed to ship 180 million smartphones this year, versus 168.5 million in 2024, adding the company would invest up to 8 billion yuan, about a quarter of its total research and development budget this year, in AI-related initiatives. ($1 = 7.2240 Chinese yuan renminbi) (This story has been corrected to say 15-year-history, not 25-year-history, in paragraph 8) Sign in to access your portfolio
Asharq Al-Awsat
18-03-2025
- Automotive
- Asharq Al-Awsat
Xiaomi Raises EV Sales Target, Plans New Overseas Stores as Q4 Revenue Jumps
China's Xiaomi on Tuesday reported an almost 50% jump in fourth-quarter revenue, beating analyst estimates, and raised its target for electric vehicle deliveries this year to 350,000 from 300,000. The world's third-largest smartphone maker, whose product lines extend to home appliances and cars, also said it planned to expand its store network across China this year and open 10,000 new Mi Home stores overseas in the next five years. The company reported a 48.8% rise in fourth-quarter revenue to 109 billion yuan ($15.1 billion), beating the 103.94 billion yuan average of 17 analyst estimates compiled by LSEG. Adjusted net profit jumped 69.4% year-on-year to 8.32 billion yuan, ahead of the average estimate of 6.399 billion yuan, Reuters reported. Xiaomi president Lu Weibing said on an earnings call that he saw great potential for the company's products - from phones and tablets to cars - in overseas markets, though he added the complexity of expanding abroad was "quite high". Lu said the company aimed to start shipping cars overseas in 2027. Xiaomi's Hong Kong-listed shares closed up 3.3% before the earnings release. The stock has surged 284% over the past 12 months amid investor enthusiasm for its EV plans. Xiaomi began manufacturing EVs last year with the launch of the SU7 sedan after selling smartphones, household appliances and smart gadgets for most of its 15-year history. It reported 32.1 billion yuan in revenue for its EV business in 2024, delivering more than 135,000 SU7 sedans. The adjusted net loss related to its EV and other new initiatives reached 6.2 billion yuan. Xiaomi's fourth-quarter global smartphone shipments rose 5% from a year earlier to 42.7 million handsets, ranking it third globally, with a market share of 13%, data from researcher Canalys showed. In China, its largest market, shipments surged 29% to 12.2 million handsets over the same period, ranking it fourth, with a market share of 16%, according to the Canalys data. Lu said Xiaomi aimed to ship 180 million smartphones this year, versus in 2024, adding the company would invest up to 8 billion yuan, about a quarter of its total research and development budget this year, in AI-related initiatives.
Yahoo
18-03-2025
- Automotive
- Yahoo
Xiaomi reports 48% rise in fourth-quarter revenue, beating estimates
STORY: China's Xiaomi beat analyst forecasts in the fourth quarter. It reported Tuesday (March 18) a near 50% jump in revenue to more than $15 billion for the period. The company also raised its target for electric vehicle deliveries to 350,000 this year. Xiaomi began manufacturing EVs last year with the launch of the SU7 sedan. It had mostly sold smartphones, household appliances and smart gadgets for the majority of its 25-year history. Xiaomi reported $4.4 billion in revenue for its EV business last year and delivered more than 135,000 SU7 sedans. The adjusted net loss related to its EV and other new initiatives reached $857 million. Xiaomi's fourth-quarter global smartphone shipments also rose 5% from a year earlier to 42.7 million handsets. Industry data from Canalys put it third globally with a market share of 13%. It also showed shipments in China surged 29% to 12.2 million handsets over the same period. Xiaomi also said it plans to expand its store network across China this year. And it wants to open 10,000 new Mi Home stores overseas in the next five years. Investors were excited and shares closed up 3.3% Monday before the earnings release. The company's shares have surged 284% over the past 12 months as its EV project boosted investors' confidence. Sign in to access your portfolio
