Many people do not know that Xiaomi is a very young company compared to the likes of Apple and Samsung. However, the achievements of this company relative to its age are applaudable. Xiaomi co-founder and CEO Lei Jun sent internal emails to all Xiaomi employees marking its 8th anniversary. Lei Jun expressed emotions in his e-mails. In the past eight years, Xiaomi has continued to soar high. The company has grown from a dozen individuals to nearly 20,000 employees. It currently has hundreds of excellent products and a wealth of Internet services which have revolutionized the face of many industries and have profoundly affected the lives of hundreds of millions of people around the world.
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Lei Jun stressed in particular that all Xiaomi’s achievements are rising and the company will continue to insist on making good products. At the Xiaomi MIX 2S conference, Lei Jun said that after experiencing a tough first quarter of 2017, Xiaomi successfully reversed in the third quarter. As of October last year, its revenue was 100 billion yuan. This was achieved in years. In contrast, Google spent 9 years, Apple spent 20 years, and Ali and Tencent Tencent have spent 17 years.
In the fourth quarter of 2017, Xiaomi’s mobile phone market in the global market grew by 96.9%, and in the Chinese market, it increased by 57.6%. For 2018, Xiaomi has already set a goal of RMB100 million. Xiaomi’s valuation is expected to reach 100 billion US dollars soon.