Earlier this month, Xiaomi held its Mi Fan Festival in China. This marked the company launching various new products whilst also offering discounts to its pre existing products as well. Now, the Chinese tech giant has shared the stats of the Mi Fan Festival, with Xiaomi making over 2.89 billion Yuan in sales (roughly 410 million US Dollars).
According to the official data shared by Xiaomi, the popular electronics brand sold over 1.826 million smart AIoT products during this period. This marks a year on year increase of a whopping 160 percent. Similarly, its TV sales have exceeded a significant 231,000 units as well. Lu Weibing, the President of Xiaomi, stated that the first sale sold nearly 65 million products in just a single hour.
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In the Mi Fan Festival, it has been reported that total number of people participating had reached 98.06 million. These stats were showcased online via an image poster from Xiaomi. It depicted the large transaction and notable sales numbers. So, it is clearly evident that the festival period was a massive success, despite the ongoing crisis due to the Coronavirus pandemic.
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