With just nine years of existence, Xiaomi today joined Fortune’s Global 500 list. The Chinese company is ranked 468 on the list of the world’s 500 largest companies. The measurement is made through your income.
Xiaomi is thus officially the 468th largest company in the world, which is a remarkable achievement for a manufacturer with nine years of life. The CEO and founder of Xiaomi, Lei Jun, has already thanked fans and brand users for their support.
Today #Xiaomi enters the list of 2019 # Global500 from Fortune! And these 9 years are due to our My Fans! 😘 A big thank you 🤗
The words of Lei Jung
Xiaomi took just nine years to enter Fortune’s Global 500 list. This is a goal for which we owe a big thank you to all fans and users for the constant support. We are also the youngest company on this year’s list, a record we are proud of and we want to keep in mind on our journey of global expansion
This list looks at the revenues and profits of various companies, but also the number of people it employs. Xiaomi reported revenue of $ 26.443.50 million and a profit of $ 2,049.10 million in the previous fiscal year. The company founded in 2010 currently has 16,683 employees.
Apple (11th) and Samsung (15th) are the top-ranked technology companies on the list
The global list is led by Walmart, and the first technology companies are Apple (11th) and Samsung (15th). Xiaomi still has a long way to go, and being on the list is a great feat for such a young company.
This kind of recognition shows that Xiaomi has taken the right course in its sustained growth. All the brand’s users contribute to these numbers, and given the quality we recognize in their products, we expect it to continue to grow and bring products with the price-quality that we like so much.