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Xiaomi opens its first Singapore directly-managed store
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Xiaomi opens its first Singapore directly-managed store

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Xiaomi opened Saturday its first directly-managed store in Singapore, located in the Funan integrated development.

This opening is part of Xiaomi’s strategy to expand its presence in Southeast Asia, as it plans to launch two more stores in Singapore by the end of 2025.

This development follows the launch of Xiaomi’s official online shopping portal, Mi.com, for the Singapore market in October this year.

Recent Xiaomi developments

Timeline
13-Dec-2024 🚘 Xiaomi’s stock jumps as it expands in EV market
  • Xiaomi’s EV revenue grows 10% this year
  • Plans to deliver 130,000 SU7 sedans in 2024
10-Dec-2024 🚙 Xiaomi to launch first electric SUV in mid-2025
  • Xiaomi to launch YU7 electric SUV by mid-2025
  • YU7 reaches speeds up to 253 km/h with CATL batteries
26-Nov-2024 💻 Xiaomi to cut foreign reliance with self-made chip by 2025
  • Xiaomi to develop in-house chips by 2025
  • R&D budget to rise to 30 billion yuan for tech focus
18-Nov-2024 📈 Xiaomi Q3 revenue jumps 30.5%, boosted by electric car sales
  • Q3 revenue up 30.5% to 92.5 billion yuan
  • Automotive division posts loss despite rising profits
30-Oct-2024 🚗 Xiaomi unveils SU7 Ultra EV to compete with Tesla
  • Xiaomi launches SU7 Ultra at $114,200
  • Car has 1,548 hp, 0-100 km/h in 1.98 seconds
28-Oct-2024 🛒 Xiaomi to launch online shopping portal for Singapore

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