PressAdda
Kathmandu, Nepal, Sunday, October 23, 2022. — Xiaomi, Global technology leader, launched its authorized Mi Store in Itahari, Sunsari. In partnership with Arun and Brother’s Pvt Ltd, Xiaomi has launched its newest showroom at Jai Nepal Hotel Building beside Gorkha Department Store in Dharan Road. The brand aims to achieve rapid progress in developing innovative retail measures in the country as the brand targets to double down the number of Mi Stores.
Talking about the launch, Sourabh Kothari, Country General Manager, Xiaomi Nepal said, “With the help of every Mi store we will continue to strive to fulfill our goal of building a seamless offline network in the country and bring the best shopping experience for our Mi Fans. We hope that our Mi fans in Nepal take the opportunity to visit this Mi Store and make the most of our newly launched product line-up.”
This model reflects Xiaomi’s enthusiasm to sincerely add more value towards building innovative retail segments in Nepal. The new Mi Store will seamlessly integrate retail efforts ranging from supply-chain management to product availability and delivery measures, by bringing it entirely under the brand’s governance. Xiaomi Nepal will oversee every retail process of this store, thus enabling complete brand transparency.
As a result, Mi fans are set to gain immense benefits; they will directly interact with the brand on each stage of the retail process, thereby erasing any additional corporate layers. This further empowers Mi fans to enjoy a more intimate relationship with the brand.
About Xiaomi Corporation
Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is an internet company with smartphones and smart hardware connected by an IoT platform at its core. With the vision of being friends with its users and being the “coolest company” in the hearts of its users, Xiaomi is committed to continuous innovation, with an unwavering focus on quality and efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology. Xiaomi is currently the world’s fourth-largest smartphone brand, and has established the world’s largest consumer IoT platform, with more than 171 million smart devices (excluding smartphones and laptops) connected to its platform. Currently, Xiaomi products are present in more than 80 countries and regions around the world and have a leading foothold in many markets.
In July 2019, the company has for the first time made the Fortune Global 500 list, ranking 468th among all, and 7th in the Internet Services and Retailing category. Xiaomi is now the youngest Global 500 company.
Xiaomi Nepal is the number 1 smartphone player since Q3 2020 IDC Quarterly Mobile Phone Tracker report.
