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Xiaomi beats estimates with ~$10.9B in Q1 revenue, down 4.6% YoY for its first-ever decline, and an ~$87M net loss as China’s lockdown cripples smartphone sales (Bloomberg)

AdminMarch 20, 2023

4 Less than a minute

Xiaomi beats estimates with ~$10.9B in Q1 revenue, down 4.6% YoY for its first-ever decline, and an ~$87M net loss as China's lockdown cripples smartphone sales

Xiaomi beats estimates with ~$10.9B in Q1 revenue, down 4.6% YoY for its first-ever decline, and an ~$87M net loss as China’s lockdown cripples smartphone sales

READ ALSO Profile of Tencent, China's most valuable company at ~$900B, with a powerful ecosystem including WeChat, and local and overseas startup investments worth ~$259B (Saritha Rai/Bloomberg)

AdminMarch 20, 2023

4 Less than a minute

Admin

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