Xiaomi (HK:1810) has released an update.
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Xiaomi Corporation has reported a remarkable growth in its financial performance for the third quarter of 2024, with a 30.5% increase in revenue year-over-year, reaching RMB92.5 billion. The company’s smartphone shipments also rose by 3.1%, maintaining its position as the third-largest global smartphone brand. Additionally, Xiaomi’s user ecosystem expanded significantly, with global monthly active users hitting a record high of 685.8 million, reflecting a 10.1% increase year-over-year.
For further insights into HK:1810 stock, check out TipRanks’ Stock Analysis page.
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