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Xiaomi now ranked as one of the largest companies in the world

Xiaomi-ranked-best-brand

The 2019 Fortune Global 500 list ranks Xiaomi as the 468th largest company in the world. This is pretty significant considering that it is the first time that Xiaomi has made it to the prestigious list.

The Fortune Global 500 list is an annual ranking of the largest companies in the world based on their revenue.

Xiaomi reported revenues of about $26,443.50 Million in 2018, which is an impressive 55.9% improvements from its revenues in 2017. The company in fact realized one of the highest growth rate in profits for companies on the list.

Xiaomi has come a long way from being known as a low-cost smartphone manufacturer to becoming one of the most admired smartphone brands.

Apple still remain the highest ranked tech company in the world. Some of the other popular technology brands on the list include Samsung (#15) and Huawei (#61).

Source | Via

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