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Josh Horwitz · · 2 min read

Xiaomi brings in an astonishing $90 million in sales within 24 hours during Chinese e-commerce blowout

Xiaomi Hongmi review by TechinAsia

Xiaomi dominated China’s Singles Day sales blitz this year, raking in a mind-blowing RMB 5.53 ($90 million) within 24 hours, and passing the RMB 100 million benchmark ($16.4 million) in about three minutes.

On Xiaomi’s official blog, the company posted a timeline of its sales benchmarks during the twenty four hour period, which we’ve translated and abbreviated below:

12:00AM – Tmall’s 11/11 promotion period officially begins, Xiaomi’s set-top box and Xiaomi accessories go on sale.

12:13AM – 50,000 Xiaomi set-top boxes sell out.

12:30AM – The Xiaomi Mi3, 2S and Hongmi go on sale.

12:32AM – 110,000 Xiaomi Mi3 devices sell out.

12:33AM – Xiaomi’s Tmall Alipay account amasses RMB 107 million (about $17.6 million) in revenue, thereby passing the RMB 100 million ($16.4 million) benchmark.

12:41AM – Xiaomi’s Tmall Alipay account amasses RMB 200 million ($32.8 million) in revenue.

1:01AM – Xiaomi’s Tmall Alipay account ammasses RMB 300 million ($49.2 million) in revenue.

7:22AM – Xiaomi’s Tmall Alipay account amasses RMB 400 million ($65.7 million) in revenue.

7:25AM – Xiaomi’s first order of the event arrives at its customer’s doorstep.

10:40AM – 30,000 more phones are added to Xiaomi’s Tmall stock, to go on sale at noon.

12:00PM – Xiaomi’s Tmall Alipay account amasses RMB 433 million ($71 million) in revenue.

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Community Writer

Josh Horwitz

Josh is a writer based in the great city of Taipei, Taiwan. When not pecking away at his laptop in a cafe, he can be found playing board games, making amateur subtitles for forgotten Taiwan films, and cooking Indian food sans recipe. He'd love to hear from you. Feel free to reach out at josh@techinasia.com or @horwitzjosh.