Moreover, it has gained recognition and popularity, which undoubtedly makes it more attractive to investors. If your plan is to invest in Xiaomi, then stick around and read on below.What is Xiaomi?The famous company Xiaomi was created on April 6, 2010 by Lei Jun in the company of 7 partners who were already involved in companies such as Motorola, Google China, etc. Xiaomi has a wide variety of technological products such as smartphones, watches and bracelets, electronic scooters, among others.Since 2011, Xiaomi officially launched its first smartphone, which impressed the Chinese market for its very tight price and the quality of the product. In 2013 the REDMI phones arrived being the best-selling phones of the year with a total of 18.7 million.In 2016 they launched their premium range of cell phones and in 2017 the official Xiaomi stores arrived in Europe and Asia completely. But it is from 2018 and to date where Xiaomi has managed to consolidate and find popularity worldwide.It’s not just phones anymore, but also the latest generation of laptops, tablets, televisions, vacuum cleaners, and many more products in its catalog.Xiaomi also has its own operating system for its cell phones called MIUI and all its products have IoT (Internet of Things). Its founder Lei Jun is also known as the “Steve Jobs of China” and the reason is that he is a genius in technology, marketing and dominance in the Asian market.That is why today, the company has integrated the name Xiaomi in stock market and it is as of 2018 where Xiaomi’s share price reaches $27.811 billion, which ensures that Xiaomi Corporation is one of the best positioned companies in investments.
Buying Xiaomi stock is one of the best options you have when investing in the stock market. Why? It’s very simple, each Xiaomi share per share is valued at over $46 billion and despite the pandemic caused by COVID-19 it has remained stable and rising in value.Although Xiaomi has large companies that can be considered as critical competition (such as Apple, Samsung, Siragon, etc.), it has not been affected its profitability or revenue during 2020, on the contrary, it is the most productive year for the company due to the work at home.In addition, Xiaomi stock price is 1810.HKD ($233.52) with a range of 26.35%. By 2020 Xiaomi shares has sold a total of 19.45 billion shares earning a total revenue of 5.1 billion.So, if you’re still wondering: will it be a good idea to buy Xiaomi stock in the middle of 2020? The answer is yes. You can leverage the company’s success and visibility to your advantage by buying shares that will generate profits in the short and medium term.Buying Xiaomi shares: Advantages
Buying Xiaomi shares: Disadvantages
How to buy Xiaomi sharesIf you have any doubts about how to buy Xiaomi shares from Xiaomi, don’t worry, here are all the steps to follow. To do this you need to register with a reputable broker, and in the case of buying Xiaomi shares we recommend eToro.The process will not take you more than 5 minutes and this platform is completely safe and profitable, providing you with data of your interest such as statistics and balances of your shares. Without further ado, let’s get started.
It is important that before we even want to know how to invest in Xiaomi company, we analyze all its information in detail. We can also rely on the experience of other Xiaomi investors and corroborate their results.Finally, consider the pros and cons of Xiaomi as well as its stock price on Xiaomi Nasdaq. We know it is quite high and can generate excellent returns, but does it really suit you based on your capital?