comscore Xiaomi creates a Guinness record by opening 500 retails stores in one day in rural India
News

Xiaomi creates a Guinness record by opening 500 retails stores in one day in rural India

Started with the online-only strategy, Xiaomi is fast expanding its presence in offline retail as well.

  • Published: November 20, 2018 5:24 PM IST
xiaomi-mi-logo-stock-bgr-Xiaomi Redmi

Chinese electronics major Xiaomi on Tuesday announced it has opened a record 500 retail stores in rural parts of India. Called Mi Stores and opened on October 29, these are similar to the bigger “Mi Home” stores currently operational in metro cities. “The company created a Guinness record for opening the maximum number of stores in one single day. Xiaomi plans to open 5,000 Mi Stores by the end of 2019 that will create nearly 15,000 jobs,” Manu Kumar Jain, Vice President, Xiaomi Global and Managing Director, Xiaomi India, told reporters here. Also Read - Huawei files patent for another phone with under-display camera

Also Read - Xiaomi launches new 10,000mAh and 20,000mAh Mi PowerBank 3i in India, price starts at Rs 899

“This new business will forever change rural retail in India,” he added. Started with the online-only strategy, Xiaomi is fast expanding its presence in offline retail as well. In September, the company launched its fourth flagship “Mi Home” experience store in the country, in Bengaluru, along with a new office. With the purpose of strengthening its offline network further, Xiaomi said in September it wanted to open 100 “Mi Home” stores in 2018 itself. Also Read - Xiaomi Redmi Note 7 Pro in India gets MIUI 12 update

Watch: Xiaomi Redmi 6 Pro First Look

The company grew to a new high on the back of its successful Redmi 5A and Redmi Note 5 Pro series and refreshed Redmi 6/A/Pro portfolio, said the report. But the eight-year-old company wants to be recognized not as just another smartphone company and it began working towards this mission in 2014.

Along with its products in the smart home portfolio, it is also venturing into non-technology related segments like luggage, shoes, apparel and more. Riding on its robust sales in India and Europe, China-based Xiaomi on Monday reported a 49.1 percent increase in revenue for its third quarter of 2018 as net profit reached 2.48 billion yuan ($357.23 million).

For the latest tech news across the world, latest PC and Mobile games, tips & tricks, top-notch gadget reviews of most exciting releases follow BGR India’s Facebook, Twitter, subscribe our YouTube Channel.
  • Published Date: November 20, 2018 5:24 PM IST


You Might be Interested

Xiaomi Redmi 5A

5999

Android 7.1 Nougat with MIUI 9
Qualcomm Snapdragon 425 Quad-Core 1.4GHz Processor
13 MP with ƒ/2.2 aperture
Xiaomi Redmi 6A

5999

Android 8.1 Oreo (MIUI 10)
MediaTek Helio A22 quad-core SoC
13MP
Xiaomi Redmi 6 Pro

9999

Android 8.1 Oreo
Qualcomm Snapdragon 625 octa-core SoC
12MP + 5MP
Xiaomi Redmi Note 5 Pro

13999

Android 7.1.2 Nougat
Qualcomm Snapdragon 636 Octa-Core Processor
12 MP + 5 MP dual Camera

new arrivals in india

Realme Narzo 20A
Realme Narzo 20A

8,499

Realme Narzo 20
Realme Narzo 20

10,499

Realme Narzo 20 Pro
Realme Narzo 20 Pro

14,999

Oppo F17
Oppo F17

17,990

Samsung Galaxy M51
Samsung Galaxy M51

24,999

Poco M2
Poco M2

10,999

Oppo F17 Pro
Oppo F17 Pro

22,990

Realme 7 Pro
Realme 7 Pro

19,999

Realme 7
Realme 7

14,999

Xiaomi Redmi 9A
Xiaomi Redmi 9A

6,799

Vivo Y20
Vivo Y20

12,990

Xiaomi Redmi 9
Xiaomi Redmi 9

8,999

Nokia 5.3
Nokia 5.3

13,999

Motorola Moto G9
Motorola Moto G9

11,499

Realme C15
Realme C15

9,999

Realme C12
Realme C12

8,999

Samsung Galaxy Note 20
Samsung Galaxy Note 20

77,999

Xiaomi Redmi 9 Prime
Xiaomi Redmi 9 Prime

9,999

Oppo Reno4 Pro
Oppo Reno4 Pro

34,990

Samsung Galaxy M01 Core
Samsung Galaxy M01 Core

5,499

Realme 6i
Realme 6i

12,999

Asus Rog Phone 3
Asus Rog Phone 3

49,999

OnePlus Nord
OnePlus Nord

24,999

Infinix Smart 4 Plus
Infinix Smart 4 Plus

7,999

Xiaomi Redmi Note 9
Xiaomi Redmi Note 9

11,999

Samsung Galaxy M01s
Samsung Galaxy M01s

9,999

Vivo X50 Pro 5G
Vivo X50 Pro 5G

49,990

Vivo X50 5G
Vivo X50 5G

34,990

Realme C11
Realme C11

7,499

Poco M2 Pro
Poco M2 Pro

13,999

Realme X3
Realme X3

24,999

Realme X3 SuperZoom
Realme X3 SuperZoom

27,999

Tecno Spark Power 2
Tecno Spark Power 2

9,999

Oppo A12
Oppo A12

9,990

Oppo A52
Oppo A52

16,990

Samsung Galaxy A21s
Samsung Galaxy A21s

15,999

Oppo Find X2
Oppo Find X2

64,990

Motorola One Fusion Plus
Motorola One Fusion Plus

17,499

Samsung Galaxy A31
Samsung Galaxy A31

20,999

Samsung Galaxy M01
Samsung Galaxy M01

8,999

Samsung Galaxy M11
Samsung Galaxy M11

10,999

Infinix Hot 9 Pro
Infinix Hot 9 Pro

9,999

LG Velvet
LG Velvet

Price Not Available

Xiaomi Mi Note 10 Lite
Xiaomi Mi Note 10 Lite

Price Not Available

Apple iPhone SE 2020
Apple iPhone SE 2020

42,500

Honor 30 Pro
Honor 30 Pro

Price Not Available

Honor 30
Honor 30

Price Not Available

OnePlus 8
OnePlus 8

44,999

OnePlus 8 Pro
OnePlus 8 Pro

54,999

Xiaomi Redmi Note 9 Pro
Xiaomi Redmi Note 9 Pro

13,999

Motorola Moto E4
Motorola Moto E4

8,999

Samsung Galaxy On Max
Samsung Galaxy On Max

9,775

nubia N2
nubia N2

15,999

Karbonn K9 Kavach 4G
Karbonn K9 Kavach 4G

5,290

Motorola Moto C Plus
Motorola Moto C Plus

6,999

Best Sellers