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Xiaomi claims a record $3.11 billion in Singles Day sales - TL;DR CNBC

Xiaomi claims a record $3.11 billion in Singles Day sales

Publishing timestamp: 2023-11-12 22:28:45


Summary

Xiaomi reported record sales of more than 22.4 billion yuan ($3.11 billion) during the Singles Day shopping festival. Alibaba and JD.com declined to share total figures for the festival. Livestreaming sales rose by 19% during the festival. Xiaomi's newly released Xiaomi 14 smartphone was the top-seller on Alibaba's Tmall.


Sentiment: NEUTRAL

Tickers: AAPL,  1810-HK,  LULU, 

Keywords: markets,  lululemon athletica inc,  breaking news: technology,  market insider,  stock markets,  business news,  apple inc,  retail industry,  technology,  xiaomi corp, 

Source: https://www.cnbc.com/2023/11/13/xiaomi-claims-a-record-3point11-billion-in-singles-day-sales.html


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