After Xiaomi is listed, where is the next hundred billion business of lei June?

Source: Internet
Author: User

Kong Shirei!!! Xiaomi is finally on the market.
Xiaomi confirmed its listing in HKEx on July 9, opening at HK $16.6. At the opening price, Xiaomi has a total market value of $47.32 billion. After Xiaomi listed, lei June personal wealth into the global rich List, ranked 115th.
Although Millet break, but in the long run, seal elder brother still bullish millet.
First, Xiaomi listed, more than Lei June is the winner
The day before Xiaomi's IPO, Lei June said in an internal letter: "The recent ups and downs of the capital market, Xiaomi successful listing means a great success."
Lei June in the open letter, April 6, 2010, in Zhongguancun Silver Valley building a very small office, a small company called Xiaomi quietly opened, to now I vaguely remember that there were only 13 employees in addition to himself, Lin, Alli and KK Four co-founders, there are exemplified, Liu Xinyu, Wang Haizhou , Li Ming, Cuhen, Qin Zhifan, Li Weixing, Sun Peng and Tanyang 9 founding team members.

In the past eight years, Millet has been a typhoon mouth of pigs, millet also experienced ups and downs ...
Lei June said the recent ups and downs of the capital market, mainly the recent Sino-US trade frictions, the devaluation of the renminbi, the user's lack of confidence in capital and other global economic problems. It's really not a good time for Xiaomi to be listed on this node.
Xiaomi has not had a good time, but as Lei June said, Xiaomi's market capitalisation of more than $47 billion has been among the world's largest technology IPOs. "And is the first Hong Kong capital market" with different rights "innovation pilot, which belongs to all millet people's great success! ”。
Lei June said the success of Millet, not only Xiaomi listed, as well as millet investors have made money.
"great success also belongs to the investors who trust Xiaomi and support Xiaomi along the way. For example, the earliest VC, the first $5 million investment, today's return of up to 866 times times! ”。
Yes, for Lei June, it is a great success for Xiaomi to go public.
Second, the listing is just a new start of Xiaomi
Lei June in an internal open letter, said: "We strive not to go public, we are listed in order to better fight." Successful listing is only the first chapter of the Millet story summary, the second chapter more gorgeous. ”。
Lei June also said in the internal letter that "in these eight years, under our participation and promotion, China's Shanzhai machine has been completely wiped out; China's smart phones, smart hardware quality is getting better and cheaper, and in the global strong rise, the attention to design and experience, deeply rooted in the popularity of mobile internet applications, in-depth xx X is our daily life. Xiaomi has become the world's fourth largest smart machine manufacturer, through the eco-chain products to change more than 100 industries, fully promote business efficiency, into 74 countries and regions in the world, built the world's largest consumer IoT platform. ”。

So it seems that Xiaomi's changes to the domestic mobile phone industry, as well as the Xiaomi model for the domestic smart hardware product quality promotion, is lei June more proud of two points. The
Lei June also lists three major areas of growth for Xiaomi in the future. First, Xiaomi's smartphone business is at the top of the world, and smartphones only see the stock as a huge market. Millet to strive to ensure sustained high-speed growth, and strive to rush into the world's top three; second, Millet will have a planned, rhythmic category expansion, there are many according market waiting for us to fight the past, constantly from victory to greater Victory; third, the broad sky in the international market has a promising future. Xiaomi's international business accounted for 36% of the total revenue in the first quarter. Xiaomi should further promote internationalization, and realize the international business income as early as half of the total income.
Third, after Xiaomi listed, who is Lei June's next hundred billion business?
for the Lei June internal open letter listed Xiaomi in the future three big growth space, smart phone business, other category expansion business, as well as international business, Tourmaline felt that the smartphone business, international business is not the focus, and other category expansion is the focus.
Although Lei June is more subtle, it also shows the direction of Xiaomi in the future-moving into the IoT market. IOT, or become Xiaomi's next billion business project.
If you have read Lei June's internal open letter, you should remember Lei June said, "through the ecological chain products to change more than 100 industries, and comprehensively promote the promotion of business efficiency, into 74 countries and regions in the world, built the world's largest consumer IoT platform. Xiaomi TV has also won the first in China, millet hand ring, mobile power, balance car and so also won more than 10 first ".

Lei June listed only a few products in the millet eco-chain to do industry first, in fact, millet in the IoT field layout is very wide. It is understood that the millet ecological chain to invest in a total of 77 companies hatched. So far, 30 millet eco-chain enterprises have released products, there are more than 40 enterprises in the development phase of products. The Millet eco-chain has 4 companies valued at more than $1 billion, 3 eco-chain companies earn more than 1 billion yuan annually, and 16 eco-chain companies earn more than 100 million yuan annually. At the 2017 Xiaomi IoT IoT Developers Conference, Lei June revealed that the Xiaomi IoT platform has more than 85 million devices, more than 10 million units of daily living equipment and over 400 partners.
Xiaomi also built the world's largest consumer-grade IoT platform with more than 100 million smart devices (excluding mobile phones and laptops), according to the Xiaomi Prospectus. 2017 by the number of connections, Xiaomi's consumer IoT hardware market share is 1.7%, behind Apple 0.9%, Amazon 0.9%, Samsung 0.7% and Google 0.6%.
It can be said that in the field of consumer-grade IoT products, Xiaomi has accumulated a lot of advantages in brand and channel.
Why does lei June always emphasize that "Xiaomi is an internet company with mobile phone, smart hardware and IoT platform as its core?" Because the focus of Xiaomi's future is the consumer Internet of things. Millet hardware is not the purpose, the purpose of lei June is to use the hardware to control the flow "portal", and then to the consumer IoT to do value-added services.
With the landing of 5G, the popularity of the blockchain, the internet of things will become Xiaomi's another hundred billion business!

After Xiaomi is listed, where is the next hundred billion business of lei June?

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