$XIAOMI-W (01810.HK)$ Simple look at Xiaomi's business model...

Simple look at Xiaomi's business model, is the integration of online and offline new retail (brand retail), mobile phone drainage, IOT is responsible for making money, what value-added services, OTT as tips, so focus on mi Home opening speed. In the retail competition or efficiency competition, Xiaomi has the lowest operating cost and is likely to be the winner. Of course, the underlying logic driving Xiaomi's growth is to upgrade consumption, spend less money and buy better things.......