Xiaomi opens for trading tomorrow

Year’s largest IPO – Xiaomi, starts trading publicly tomorrow. Though its valuation has been “downgraded” to $48B from what Lei Jun claimed to be $200B, I doubt how far this copycat can go, with its confusing business modal – sales of mobile phone holds 80% of company revenue yet counts only 2.7% profit.

I like to make jokes about Xiaomi’s micro-imitation of Apple inside out – from product design to human behaviors to promotion techniques. For example, Lei Jun’s choreography and speech given on stage, Xiaomi router cloning Apple’s Magic Trackpad, invitation and promotions design, and even how a hardware should be grasped or arranged in a photography..

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s