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Xiaomi Auto's Sales System Reportedly Under Shakeup
XIAOMI-W (01810.HK) has recently made adjustments to the sales system of Xiaomi Automobile, Chinese media Sina Tech reported. The department of automobile sales, delivery and servi...
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XIAOMI-W (01810.HK)  +0.450 (+1.648%)    Short selling $613.52M; Ratio 15.274%   has recently made adjustments to the sales system of Xiaomi Automobile, Chinese media Sina Tech reported. The department of automobile sales, delivery and service have been merged into China region in a bid to strengthen synergies with the sales channels for mobile phones.

Xiaomi's notice of organizational adjustments showed that automobile sales, delivery and service work has entered a stage of steady development. Under the strategic guidance of the "Human x Car x Home Ecosystem", the department of automobile sales, delivery and service needs to be further integrated with China's new retail to form a "Human x Car x Home" new retail system.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-04 16:25.)

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