The hottest six rounds of financing of Xiaomi has

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Xiaomi's six rounds of financing have increased its value 160 times in four years, becoming the fourth largest Internet company

in four years, the valuation of Xiaomi has increased from US $250million to more than US $40billion, an increase of 160 times. With this calculation, Xiaomi will become the fourth largest Internet company in China. A year ago, qihoo360's market value was about $10billion, and Xiaomi's valuation was about $10billion; A year later, qihoo360 was about $7billion, but Xiaomi's latest valuation exceeded $40billion

a Xiaomi insider confirmed the sixth round of financing of Xiaomi. This round of financing is higher than the previously rumored valuation of $40billion, but less than $50billion. If this calculation, Xiaomi will be very wonderful! It is the fourth largest Internet company in China, behind Alibaba group, Tencent and Baidu. Among Chinese hardware companies, Xiaomi is almost equivalent to three Lenovo groups (with a current market capitalization of about $15billion)

also believes that this is an opportunity

up to now, Xiaomi official has not stated its position on the investment details. However, according to foreign media, Xiaomi raised more than $1billion in the new round of financing, led by all stars investment, a technology investment fund operated by jiweidong, a former Morgan Stanley analyst. Other investors include DST global, a Russian investment company, GIC, a Singapore sovereign wealth fund, and Yunfeng fund under Jack Ma

in four years, the valuation of Xiaomi has increased from US $250million to more than US $40billion, a 160 fold increase. Crazy Xiaomi, what's the next story

worth 160 times

Xiaomi maintains the rhythm of completing financing once a year. After almost every round of financing, its value will jump three levels

in April 2010, Lei Jun and his team, Chenxing venture capital and Qiming venture capital founded Xiaomi; At the end of 2010, another round of new financing was completed, with more investors, IDG, and the company's valuation of $250million, with a total financing of $41million throughout the year; In December, 2011, Xiaomi received financing of US $90million, with a valuation of US $1billion; At the end of June 2012, Xiaomi announced a financing of US $216 million with a valuation of US $4billion; In August 2013, Xiaomi's new round of financing was valued at $10billion

this time, Xiaomi's valuation exceeded US $40billion, an increase of 160 times compared with 2010

behind the soaring valuation, this start-up company that has launched business for more than three years has indeed experienced a fierce growth. In the first half of 2014, Xiaomi's tax inclusive sales were about 33billion yuan, an increase of 149% year-on-year. Based on an annual shipment of 60million units, Xiaomi expects its annual revenue to exceed 70billion yuan in 2014. If Xiaomi gets a valuation of $40billion, the valuation is close to more than three times the expected revenue this year

in November this year, international research institutions IDC and strategy analytics released their third quarter research reports on the global smart market. In these two reports, Xiaomi ranked third in the world in terms of shipments and market share, followed by Samsung and apple

with the rapid growth of shipments, Xiaomi has also become an important pole in the domestic e-commerce pattern that cannot be ignored. According to the China B2C online retail market research conducted by the China E-Commerce Association by the end of June 2014, Xiaomi has ranked third among e-commerce companies, with Taobao and as the top two

Xiaomi ecosystem

it is not just hardware shipments that support the soaring valuation of Xiaomi

according to insiders familiar with Xiaomi's internal affairs, the future of Xiaomi can be understood as: the three core hardware product lines of Xiaomi (including Xiaomi tablet), Xiaomi TV (including Xiaomi box) and Xiaomi router are the first Xiaomi MIUI and the mobile Internet content and service ecosystem it builds are equivalent to the second Xiaomi, while 100 smart hardware companies that Xiaomi plans to invest $5billion will become the third Xiaomi

in other words, the new pattern of Xiaomi ecology built on the ecology of Xiaomi and MIUI is one of the reasons for supporting Xiaomi's $40billion and adjusting the parameter meta valuation according to different models and experimental types

since this year, Lei Jun has made frequent attacks in the field of investment. From Xiaomi and Shunwei fund leading the investment of building block boxes into Internet finance, Beijing Wali Culture Communication Co., Ltd. controlled by Lei Jun invested in Huace film and television, Xiaomi invested $25million in ihealth into mobile medicine, to Jinxing investment and shunmi investment in Kailide, and in November, it invested $300million in iqiyi, and $1billion in cloud computing and Century Internet, Not long ago, it would cost more than 10 dollars to buy 1.266 billion shares in the white electricity giant

behind this is Xiaomi's plan to actively promote Xiaomi's intelligent hardware ecological chain

by connecting hardware devices in the home through this essential product, Xiaomi has gradually built a peripheral hardware ecosystem around Xiaomi's three core hardware types (flat panel), TV (box) and intelligent router. All these intelligent products are connected with Xiaomi to realize data sharing

but Xiaomi with high valuation is not easy

idc data shows that Samsung and apple, the top two, account for 23.8% and 12.0% of the market share with 78.1 million and 39.3 million units respectively. Before Lenovo acquired Motorola, according to IDC, the share difference between the third place Xiaomi, the fourth place Lenovo and the fifth place was only 0.2%

this may mean that the global competition for the third place between Lenovo and Xiaomi will become white hot

Lei Jun also admitted to the media recently that the pressure on Xiaomi stems from three problems: the first is the problem of production capacity, and the second is how to ensure the product quality after the continuous expansion of production; The third question is how to accurately predict the sales volume, because Xiaomi's profit is very thin. With the increase of Xiaomi's categories, how to improve the inventory turnover of various systems and models is a key issue

how to solve these three problems and truly enrich its well planned ecological construction may be one of the biggest attractions of China's Internet technology industry in the next few years

Copyright © 2011 JIN SHI