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Xiaomi has applied for the Tiedan trademark. Are you optimistic about Xiaomi’s entry into the food industry?

I am very optimistic about Xiaomi's entry into the food industry. The most important thing in the food industry is cost performance. Since Xiaomi has such a label, it will definitely be able to make better products after entering the food industry.

Xiaomi has begun to enter the food industry. I think Xiaomi does have certain advantages in entering the food industry. Xiaomi has a large amount of reserves and a very large number of users. As long as it can If you make good products, you won’t have to worry about sales. 1. Xiaomi’s capital is a very big advantage.

In the last press conference, Lei Jun revealed that the company has more than 100 billion yuan in cash reserves. I think this amount of funds is completely sufficient to build cars, and some of the remaining funds can be used To enter the food industry, the amount of capital required is not that large, so there is enough capital to support it. 2. The cost-effectiveness is very suitable for the food industry.

The food industry has very high requirements for cost performance. It happens that Xiaomi Group has a very big advantage in this regard, and ordinary people already know that one of Xiaomi’s biggest advantages lies in cost performance, so Xiaomi Group It is definitely possible to make a breakthrough on the road of food. 3. It is another beginning for Xiaomi Group.

The most basic industries often have better room for development. If Xiaomi Group can produce food that the common people like, I think it will definitely become a very great company, because these products can It involves all aspects of people's lives, so they can make high-frequency purchases. It is basically a very profitable industry.

If Xiaomi Group can break through the food industry, then I think the Xiaomi industry will have a broader development in the future, because the food industry has already involved people’s most basic needs. If the industry stands firm, there will be greater demand in the future.