Xiaomi Online Model is Proven Overseas Expansion Next

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Report Summary:

Xiaomi worldwide smartphone shipments grew dramatically in Q3 2013, pushing into the top-10 list for the first time ever. It took 2% global smartphone volume share and value share this quarter. Xiaomi's online business model has proven to be successful in China, and its overseas strategy is firming up with developed Asian markets as the most likely next step.

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