Not long ago, Wang Xiang, Xiaomi's Global Vice President, said in an interview that the company will soon expand and will soon open 2,000 new stores in the next 3 years.
The In an interview published on CNBC Wang Xiang considers the most important thing is that in most countries, he entrusts the management of the shops he opens to local businesses, while in others he opens them under his own management. Xiaomi's chairman plans to grow Xiaomi into a global player in the next few years, with a presence in every country.
With this step, they have finally started the process that we have been waiting for from the company for a long time. Until now they have only focused on online sales, but now the development of physical sales has begun and we can hope to admire the company's products in person when they reach our country.
To date, the company has around 100 stores in the China region and a total of 125 stores around the world. Their current target is to increase this number to 2,000 by 2020! Expansion will start first in the neighbouring countries of South East Asia, Philippines, Russia, Egypt, India, Indonesia and UAE and Eastern Europe. For us, Eastern Europe is the most important, because we are there, but Wang Xiang did not mention exactly this, so we can only hope that we are in the initial plans. Excitement! :)
