Duan Yongping is really bold to say that he dares not touch Xiaomi and cannot understand where Xiaomi's moat lies. Regarding Xiaomi's high revenue, Duan Yongping also stated that a company that doesn't make money is of little use even with high sales. He further pointed out sharply that no company makes money by being cheap. I wonder what Lei Jun would think upon hearing Duan Yongping's words, as Lei Jun has been telling the outside world that Xiaomi is an internet company. Lei Jun also said: "After the release of Xiaomi SU7, the full ecosystem of vehicles, homes, and devices will be officially closed, making it one of the most complete intelligent ecosystems in the world."$BNB
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Duan Yongping is really bold to say that he dares not touch Xiaomi and cannot understand where Xiaomi's moat lies. Regarding Xiaomi's high revenue, Duan Yongping also stated that a company that doesn't make money is of little use even with high sales. He further pointed out sharply that no company makes money by being cheap. I wonder what Lei Jun would think upon hearing Duan Yongping's words, as Lei Jun has been telling the outside world that Xiaomi is an internet company. Lei Jun also said: "After the release of Xiaomi SU7, the full ecosystem of vehicles, homes, and devices will be officially closed, making it one of the most complete intelligent ecosystems in the world."$BNB