Placeholder canvas

Xiaomi sells 2.11mn phones in 12 hours; sets Guinness record

Date:

Beijing: China’s smartphone giant Xiaomi on Thursday set a new Guinness World Record for mobile phone sales by selling 2.11 million handsets in a 12-hour flash sale held to celebrate its fifth anniversary.

The half-day bonanza, which brought in 2.08 billion yuan ($335 million) from sales of handsets and other accessories broke the previous record held by Alibaba’s Tmall, which sold 1.89 million handsets on Singles’ Day in November during a 24-hour event.

“Good news: Xiaomi just set a new Guinness World Record, selling 2.11 million mobile phones in 24 hours,” chief executive Lei Jun posted on Sina Weibo – the Chinese equivalent of Twitter – shortly after the event.

“This is beyond my imagination,” the Hong Kong-based South China Morning Post quoted Lei as telling reporters at the company’s headquarters here.

The new record has been certified by the official Guinness World Records and examined by auditor PricewaterhouseCoopers, he said.

Xiaomi easily broke their record from the same event last year, which saw them selling 1.3 million smartphones.

Mobile phones and other accessories sold during the 12- hour event were discounted from Xiaomi’s already famously low prices.

Lei said the company was focussed on making smartphones, televisions, routers and other products sold on its website.

In 2014, Xiaomi sold 61 million smartphones and had revenue of 74.3 billion yuan, becoming the world’s number three smartphone player and China’s top smartphone brand, overtaking Apple and Samsung.

The company was valued at $45 billion in a December funding round that drew investors ranging from Singapore’s sovereign wealth fund to a private capital firm backed by Alibaba Group co-founder Jack Ma. 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

How Elections Are Conducted In India Vs. The US

India is currently undergoing the elections to elect its new government at the centre where PM Modi is contesting for a third term

Rajnath Singh To File Lok Sabha Nomination From Lucknow Today

UP BJP unit President Bhupendra Chaudhary, Uttar Pradesh Chief Minister Yogi Adityanath and his Uttarakhand counterpart Pushkar Singh Dhami will be present during the nomination

News Mobile Morning Brief

Cyber Frauds: How Can Indians Protect Themselves From Cybercrimes New...

Harvard University Protestors Raise Palestinian Flag, 900 Arrested

The incident at Harvard University on Saturday came as Pro-Palestinian protestors have refused to end their ongoing agitation at the Ivy League School campus