Episode Synopsis: Eva Xiao from Technode continued our discussion on Xiaomi, focusing on what kind of company that Xiaomi truly is, and the current challenges they are facing to justify their US$45B valuation. We discussed the company's recent failures to hit their 100M smartphones target, the loss of smartphone market share, failure to expand aggressively into international markets such as US and India and their bets on Internet of things and consumer electronics have not worked as much as they want. We conclude our conversation with where Xiaomi might be in 5 years time.
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