Xiaomi continues to grow and registers a new step forward in the Fortune Global 500 ranking. The company was included for the third consecutive year in this ranking confirming its rapid growth in the Internet and Retail Services category. Furthermore, compared to last year’s data, the company has recorded a significant step forward in the Fortune Global 500 ranking.
Xiaomi conquers the 338th place in the Fortune Global 500 ranking
Excellent results for Xiaomi. The company got the 338th place on the Fortune Global 500 ranking. This is an improvement of 84 positions compared to what was recorded last year (when Xiaomi stopped at 422nd place). Xiaomi’s growth continues and the company wins a place on the Fortune Global 500 list for the third year in a row.
To confirm the excellent moment of Xiaomi are the financial data. The company recorded a first quarter of 2021 with total revenue of RMB 76.9 billion, an increase of 54.7%. Also noteworthy is an adjusted net profit of RMB 6.1 billion, an increase of + 163.8%.
The company comment
Lei Jun, Founder, Chairman e CEO di Xiaomi, says: “More than the successes we have achieved, I am now more focused on our potential growth. Xiaomi is still a very young company, but also tenacious, full of motivation. I would like to wholeheartedly thank our fans around the world because their continued support has helped make Xiaomi so energetic. This is not a point of arrival and I am sure that we will see an even stronger and more authoritative Xiaomi in the future, reaching an even more extraordinary record in next year’s Fortune Global 500 “