Long and strategic cooperation with millet will sell millet equipment in 17700 stores

2018-07-08

Sina Technology News May 3rd afternoon news, Chang and today announced a strategic cooperation with millet, long and will sell millet equipment in 17700 stores.

Recently, according to Bloomberg reports, Li Jiacheng’s chief executive and a strategic cooperation with millet, Chang and in May 3rd disclosed the details of the strategic alliance with millet. At that time, Sina technology verified the specific cooperation content with the Xiaomi side, and the millet side declined to comment.

According to the associated press report, today, Chang He and millet held a press conference in Hongkong, announcing the formation of the global strategic alliance. Long and joint managing director Huo Jianning and millet senior vice president Wang Xiang attended the press conference. Chang and he will sell millet equipment at 17700 stores, initially sold in stores in Austria, Denmark, Hongkong, Ireland, Italy, Sweden and the United Kingdom.

Previously, Xiaomi had worked with Li Jiacheng’s enterprises. In March 2014, Xiaomi worked with Li Jiacheng wireless operator 3 Hongkong (3 Hong Kong), and released millet 3 in Hongkong. And Li Jiacheng’s global telecommunications sector 3 group (3 Group) in Italy, the United Kingdom, Indonesia, Vietnam and Hongkong and other countries and regions to provide services, further cooperation between the two sides will be helpful for the internationalization of the millet business.

Millet has just submitted a IPO application to HKEx earlier this morning. The data disclosed in the prospectus show that as of March 31, 2018, millet products were sold to 74 countries and regions in five continents. Business record period, millet International (especially India) business grew significantly. In 2015, 2016 and 2017, 6.1%, 13.4% and 28% of total revenue came from sales outside the mainland of China. (Zhang Jun)

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