Earlier today (11th May 2021), Xiaomi announced that Kantar and Google will be revealing its 2021 BrandZ Top 50 Global Brands in China this week. The company shared this on its official Weibo account, a Chinese microblogging website.
In the social media post, the Chinese tech giant shared an image poster that also showcased this achievement. Looking at this list, the company arrived fourth in the list, just behind Alibaba, ByteDance, and Huawei that made up for top four of the list. Xiaomi officially added that the Chinese brands have been showing strong growth under the influence of the coronavirus pandemic that has affected the entire world. The company also thanked its users across the globe in helping it achieve this feat.
Additionally, the Chinese consumer electronics maker also added that it would continue to create better technological experiences for everyone and further improve in the future. Apart from the recent list, the company had also been listed in the Fortune 500 Global brands list, under the internet and retail based company category. In this list, Xiaomi ranked against other top tech giants like Amazon, Alphabet, Facebook, JD.com, Tencent, and Alibaba as well.
Interestingly, recent market analysis has also revealed that the company’s robust business strategy and efficient business model has helped it strengthen its position last year, despite the global pandemic affecting the various markets and economies. The Xiaomi Group was able to not only resist any adverse affects but was also capable of laying down a long term strategic foundation for future development as well.
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