Xiaomi exceeds Q3 estimates thanks to EV business

Xiaomi Corp’s Q3 2024 revenue exceeded analyst expectations. The China-based company’s recent success has been attributed to its rapidly growing electric vehicle (EV) business, thanks to the popular SU7.  “In the third quarter of 2024, we achieved record revenue and solid earnings growth. In the third quarter of 2024, our total revenue reached RMB92.5 billion, … Continue reading Xiaomi exceeds Q3 estimates thanks to EV business