Xiaomi Corporation – Running Harder to Stay Still
Follow Antya Investments By focusing investor attention on gross profit, Xiaomi Corp’s (1810 HK) Q3-18 results deftly side-stepped the YoY EBITDA decline of 14.3%. To us it is evident that economies of scale are absent in the business, and with an ever increasing emphasis on extending generous credit to boost sales overseas, Xiaomi is playing […]
Xiaomi Corporation — Running
Follow Antya Investments By focusing investor attention on gross profit, Xiaomi Corp’s (1810 HK) Q3-18 results deftly side-stepped the YoY EBITDA decline of 14.3%. To us it is evident that economies of scale are absent in the business, and with an ever increasing emphasis on extending generous credit to boost sales overseas, Xiaomi is playing […]