With the help of this virtual investment summit, the company aims at interacting with investors and discussing the changes that have come in since the pandemic has come into play. (Image: Reuters)
Xiaomi is celebrating its 10th Anniversary this year and to commemorate it the company has announced the launch of its first virtual investment summit called Demo Day. The summit will be held April 24 in partnership with Shunwei Capital. The main of this virtual investment summit is to invite the investor community to take a look at the growth of Xiaomi’s portfolio companies.
During the Demo Day Xiaomi will host six different sessions via video conference. All of the six sessions will host different projects from different sectors, including software, hardware, consumer goods, finance, enterprise services and technology.
Demo Day will kick off at 10 AM IST on April 24 and will go on until 6 PM IST. Smart hardware and 2C will share a time slot of 10 AM to 12 PM, followed by a break, then at 2 PM the video conference will showcase consumer goods, 2B, which will go on until 4 PM. From 4 PM to 6 PM, the company will stream overseas investment session and cutting-edge technology session.
With the help of this virtual investment summit, the company aims to interact with investors and discussing the changes that have come in since the pandemic has come into play. At this time they will also take a look at discovering potential opportunities in these times.
In an official press release, the company states that they and Shunwei Capital have “focused on supporting the growth of global innovative enterprises in the future decade.”
Xiaomi has kept Demo Day open for registration for potential investors for the ‘overseas investment session’. Interested investors can head over to Xiaomi’s blog post on its forum and scan the QR code given there. Or they can also scan the QR code attached on the side. Xiaomi will then send them the event details.
The company in its press release stated that along with Shunwei Capital it has invested in over 500 companies that cover sectors including smart hardware, consumer goods, community and social activities, AI, entertainment, SaaS, banking and finance. Name of a few companies it has invested in include Yi, Huami, Black Shark and more.
Xiaomi states that it adheres to the “ideology of value investing, always capturing advanced industrial changes, seizing the trend, to invest and facilitate cooperation in order to expand the boundaries of Xiaomi ecosystem.” It states that the company invests in firms aiming to create long-term strategic value and at the same time a better life for everyone.