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Xiaomi Selling Over 43 Mi TVs per Minute During Festive Sale on Flipkart, Amazon

In terms of smart TV shipments, Xiaomi ranked first in India for five consecutive quarters as of the second quarter this year

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Xiaomi, mi, devices, phones, sale
The highest demand among people was for of smartphones, followed by Mi ecosystem devices, accessories and Mi TVs. Wikimedia Commons

Chinese handset maker Xiaomi on Thursday said it has sold over 250,000 Mi TVs in the first few days of festive sale on mi.com, Flipkart’s ‘Big Billion Days’ sale and Amazon India’s ‘Great Indian Shopping Festival’ which translates into more than 43 Mi TVs per minute.

“In September this year, we announced a three-million milestone where the additional million took us only four months. We hope these Mi TVs usher in the festive cheer for everyone,” Eshwar Nilakanta, Category Lead-MiTV, Xiaomi India, said in a statement.

According to the company, top two out of five best-selling Smart TVs were Mi TVs on Amazon India while Mi TV 4C PRO (32-inch) and Mi TV 4A PRO 43 are the number 1 and number 2 models on the e-commerce platform.

Xiaomi
Xiaomi also refreshes ‘Mi TV’ series in India. (Wikimedia Commons)

Mi TV is the highest-selling TV on both Amazon and Flipkart while the top TV in terms of value on Flipkart.

“We hit our first million in India within eight months of origin and two million in another five months,” Nilakanta added.

Also Read: Chennai has the Highest Zomato Female Delivery Partners

In terms of smart TV shipments, Xiaomi ranked first in India for five consecutive quarters as of the second quarter this year. (IANS)

Next Story

Flipkart Leads $60mn Investment in Logistics Platform Shadowfax

"With the new round of capital infusion, Shadowfax plans to invest extensively in building long-term capabilities which are essential to developing an efficient and superior service quality ecosystem in Indian logistics," said Abhishek Bansal, CEO, Shadowfax

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Flipkart Buys Back Shares Worth $350 mn.
New e-commerce norms to impact e-tailers: Flipkart. IANS

Walmart’s Flipkart has led a $60 million financing round in logistics platform Shadowfax as the online retailer looks to expand hyperlocal delivery capabilities.

This investment is part of a Series D funding that Shadowfax has received from Eight Roads Ventures, Nokia Growth Partners, Qualcomm Ventures, Mirae Asset Naver Fund and World Bank backed IFC.

Flipkart has an existing partnership with Shadowfax to fulfil logistics requirements across various categories in its e-commerce business.

“At Flipkart, we are focused on redefining customer experience, and hyperlocal is a key element to enable this transformation,” Kalyan Krishnamurthy, Chief Executive Officer, Flipkart, said in a statement on Thursday.

amazon, china, flipkart
FILE – A worker removes an advertisement billboard of Indian online marketplace Flipkart, installed along the roadside in Mumbai, India, Oct. 16, 2015. Amazon.com Inc. is concentrating on India and its competition, Flipkart. VOA

“We have seen strong synergies with Shadowfax through our existing engagement with them, and their investments in tech-enabled innovations will help us significantly reduce delivery time and provide superior customer experiences across product categories,” Krishnamurthy added.

Founded in 2015, Shadowfax currently enables delivery of 10 million monthly shipments across diverse segments ranging from hot food to grocery to fashion, electronics and other e-commerce items.

Also Read: Delhi’s Air Quality Still Remains ‘Very Poor’

The company will use the funds to enhance the tech capabilities of the platform, recruit talent, increase the number of shipments to 100 million a month and expand its geographical presence to 1,000 Indian cities, Flipkart said.

“With the new round of capital infusion, Shadowfax plans to invest extensively in building long-term capabilities which are essential to developing an efficient and superior service quality ecosystem in Indian logistics,” said Abhishek Bansal, CEO, Shadowfax. (IANS)