China's Xiaomi rolls EVs, appliances into shopping malls in shift to lifestyle brand

Company steps up plans for 50% more physical stores in home market

20241126N Xiaomi

A Xiaomi store in Guangzhou lets customers get a feel for appliances before they buy. (Photo by Itsuro Fujino)

ITSURO FUJINO, Nikkei staff writer

GUANGZHOU -- China's Xiaomi aims to have 20,000 brick-and-mortar stores nationwide by the end of 2025, up 50% from the end of September, as it tries to sell consumers everything from cars to phones to appliances.

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