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Google News - Xiaomi is looking less and less like Apple, and more and more like...
source link: https://news.google.com/articles/CAIiEPAniWC_k3JiNzK_JdFkNygqGAgEKg8IACoHCAowi4-MATDXsRUwhP2ZAg?amp%3Bgl=US&%3Bceid=US%3Aen&hl=en-US&gl=US&ceid=US%3Aen
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When Chinese smartphone company Xiaomi begins trading on the Hong Kong stock exchange Monday (July 9), investors will be betting on whether founder Lei Jun can deliver on his unusual three-pronged business model. Some have compared it to Apple, noting its mix of revenue streams from hardware and software, and foray into streaming content via its apps. But in recent years, as it opens more of its Mi Home stores, Xiaomi is starting to look less like a pure tech company and a lot more like a specific type of retailer—one that sells perfectly ordinary products that are decent quality and cheapl...
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