Xiaomi gets half its revenues from outside of China, reaches $10 billion in the Q1-Q3 period

Xiaomi has grown quickly over its short 6 years of existence and has expanded well beyond its home country. It now has official presence in 90 markets and is in Top 5 in terms of market share in half of those markets.

As of Q3 2019, half of the company’s revenue is coming from the global market (the other half from China). The Q1 to Q3 period from last year that overseas revenue reached almost $10 billion.

Xiaomi will publish the financial report for the final quarter of 2019 soon and that will help it cross the $10 billion mark easily.

The company has joined the fight against COVID-19. It already shipped masks to Italy, France and Spain. Today Xiaomi pledged to deliver 1 million masks to Europe (many of which are already on the way).