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Xiaomi flash sale today: All you need to know about the Redmi Note
#REDMI NOTE


By tech2 News Staff / 02 Dec 2014 , 11:31
Registered Flipkart users can buy the Redmi Note today at 2PM. The 4G variant will start selling from mid-December. Flipkart and Xiaomi have put up 50,000 units of the Redmi Note on sale.

Xiaomi has been wooing audiences with its ‘value for money’ products and unique flash sales in which devices fly off the shelves in seconds. After the popular Mi 3 and best selling Redmi 1s, the company is now gearing up to launch the Xiaomi Redmi Note in India which will be available to users soon.

It was Hugo Barra who spilled the beans about Note coming to India soon, and later Xiaomi India head, Manu Jain confirmed to Tech2 that the device will come to India in December. Without wasting much time, the company quickly came up with a contest on Facebook, further hinting that the Redmi Note is on the way.



The Redmi Note will be available in two variants: 3G dual-SIM, priced at Rs 8999, and a 4G variant priced at Rs 9,999. In an exclusive tie-up with Airtel, the 4G variant will sell in select Airtel retail stores.
 
E-Commerce is just an electronic version of a mail-order catalog. Mail order catalogs have been around for probably a century (Sears being the most famous for its super thick one).

The Sears catalog allowed people in rural America to see and buy stuff simply because brick and mortar stores had no reason to build near them.
 
Xiaomi’s Cheap Smartphones Make a Splash in Indonesia
  • China’s Xiaomi entered Indonesia in September to sell low-cost smartphones to an increasingly mobile-hungry population, and its push into Southeast Asia’s largest market is already bearing fruit.

    “We’ve sold over 100,000 Redmi 1S and Redmi Note phones in Indonesia,” Hugo Barra, Xiaomi’s vice president for global operations, told The Wall Street Journal in an interview. The Redmi 1S is Xiaomi’s cheapest phone, selling at 1.5 million rupiah ($122), and the Redmi Note is its popular phone-tablet hybrid, or phablet.
    Over the past year the Beijing-based company has also expanded into emerging markets like India, where it has sold more than half a million phones since its first flash sale in July sold out in under 40 minutes. While sales in India have far outpaced those in Indonesia, Barra said he was quite happy considering Xiaomi is taking baby steps to understand the Indonesian market better.

    “It’s been really good so far,” he said.

    Xiaomi, currently the world’s third-largest smartphone maker behind Apple AAPL -3.35% and Samsung Electronics 005930.SE 0.00%, first entered Indonesia in early September by selling its budget Redmi 1S through a flash sale on e-commerce site Lazada. The 5,000 phones made available at that time sold out in less than seven minutes. In November, the company used the e-commerce site to launch its Redmi Note for about two million rupiah ($163).

    The strategy of selling its phones online and relying on word of mouth for promotion has helped the company expand rapidly in China and India. It has also garnered fans by asking for user input, a strategy it’s currently employing in Indonesia.

    “In Indonesia, our localization strategy has been mostly fixing bugs, we’re also doing a lot of testing with the fans here before we choose a new phone to introduce,” said Barra. Before releasing the Redmi Note the company asked select Xiaomi fans in Indonesia to give the phone a test and provide feedback on what they liked and disliked.

    Xiaomi is “not quite at the stage of building local features,” said Barra, but its strategy of seeking user input has helped it develop software and features that meet the country-specific needs of users in other places.

    When asked if the company had plans to invest in any of Indonesia’s content makers, Barra didn’t dismiss the opportunity. The Beijing-based company recently announced that it will acquire a stake in Chinese video streaming firm Youku Tudou Inc.YOKU -4.65%

    “But again, it’s also too early to tell what our strategy for content would be here,” said Barra. “We don’t even know the ecosystem and there are various different players.”

    While the company hasn’t disclosed its profits in Indonesia, Xiaomi did nearly double its profits last year, and its share of the global smartphone market rose in the third quarter of 2014 to make it the world’s third-biggest smartphone maker.

    Xiaomi also has a mobile-app store, Mi Market, and a range of other products including Mi Box, an HD set-up box that offers movies and television shows, and Mi TV, a 47-inch 3D TV. Neither is currently available in Indonesia.

    Barra said he sees potential for Mi TV to do well in Indonesia given the country’s love of entertainment. But he wants to understand the market better before bringing it here. “It’s really early, we’re just getting started here,” he said.


 
E-Commerce is just an electronic version of a mail-order catalog. Mail order catalogs have been around for probably a century (Sears being the most famous for its super thick one).

The Sears catalog allowed people in rural America to see and buy stuff simply because brick and mortar stores had no reason to build near them.

The rise of E-commerce means the fall of some of the stores in real world, many of Chinese clothing stores closed because of e-commerce, it changes the economic pattern. The E-commerce can also grasp big data from their huge clusters of customers, so they entered the finance industry, they are doing personal consumtion loans.
 
do we care the opinion of a person from india?

Obviously not. Hence their obsession with anything related to China while e mostly just do not care about them. Ignoring them is the best repellent. They will fly away and look for other points of mindless and long tirades.

Indian inefficiency, you know.
 
Article has some inaccuracies, microtransactions/free to play model have been around for a while, like the early 90s atleast (some text based adventures had them too), but found big success in South Korea's pc-bang based culture.Gamasutra - Exclusive: How Microtransactions Rule Korea

The better ones are the ones that dont alter gameplay and doesnt make the game feel pay2win. Dota2 is one of the best in this regard.
 
Tech companies are mushrooming in China,with more and more going public to secure necessary funds for expansion into the world market :enjoy:

China claims over half the world's Q3 tech IPOs: PwC

Summary: China claimed more than half of the world's technology initial public offerings during the third quarter of 2014, according to new research by PricewaterhouseCoopers.

By Leon Spencer | November 14, 2014 -- 01:37 GMT (17:37 PST)


The historic initial public offering (IPO) of China's Alibaba Group on the New York Stock Exchange in September has resulted in the People's Republic dominating the technology IPO market in the third quarter of 2014, according to PricewaterhouseCoopers (PwC).

The PwC Global Technology IPO review (PDF) for Q3 2014 has revealed that China also claimed more than half of the world's technology IPOs for the quarter, with Chinese companies comprising 56 percent of the global total.

According to the PwC research, 10 Chinese technology companies floated publicly during the quarter, with Alibaba Group's AU$25 billion IPO — the largest ever — on the New York Stock Exchange (NYSE) in September overshadowing the global total.

After China, the US posted two technology IPOs, and New Zealand and Luxembourg claimed one deal each, with New Zealand film distribution software provider Vista Group listing on the New Zealand Securities Exchange, and Luxembourg-based software company Globant listing on the NYSE.

Meanwhile, Australia saw the Australian Securities Exchange IPO of salary packaging administration and fleet management services company Smartgroup Corporation.

According to the report, cross-border IPOs — one of which was Alibaba Group's NYSE listing — rose slightly compared to the previous quarter, to 33 percent. Of the six cross-border IPOs, two were from China, three were from Israel, and one was from Luxembourg.

The NYSE and the tech-focused NASDAQ exchanges were primary targets for cross-border IPOs during the period, along with the London Stock Exchange's AIM sub-market.

Internet software and services ranked as the most active sub-sectors for technology IPOs in the three-month period, raising $22.8 billion in total, with PwC counting Alibaba's first trading day IPO tally of $21.8 billion, rather than the $25 billion it hit after underwriters exercised an option to purchase additional shares.

The internet software and services sub-sectors saw a steady rise from 44 percent of the technology total in 2011 to 67 percent of the industry IPOs for the latest quarter. Thanks to the Alibaba IPO, the internet software and services sectors claimed 92 percent of the total.

Meanwhile, rising demand for wearables, smart devices, and mobile solutions is also increasing the demand for specialised semiconductor components. The semiconductor sub-sector had four Chinese IPOs, raising $533 million, compared to $418 million in Q2 2014, a 28 percent increase in proceeds quarter over quarter with the same number of deals.

All in all, PwC estimates that global technology IPOs for Q3 2014 set a record, at $24.8 billion in total, surpassing the previous quarterly record of $17.8 billion, raised in the second quarter of 2012 following Facebook's $16 billion IPO.

Eighteen companies from six different countries completed their IPOs in the third quarter of the year, reflecting a 50 percent year-on-year increase in volume.

However, US technology company IPOs declined significantly during the quarter, according to PwC, with only two companies from the US listing during the period, compared to 14 during the previous quarter.
 
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The rise of E-commerce means the fall of some of the stores in real world, many of Chinese clothing stores closed because of e-commerce, it changes the economic pattern. The E-commerce can also grasp big data from their huge clusters of customers, so they entered the finance industry, they are doing personal consumtion loans.

The Sears catalog came out BEFORE they actually had stores.
Chronology of the Sears Catalog

Many stores actually started out as catalog only and then opened retail places in just a few key areas (I think LL Bean is a great example). However in the last 10 years they seem to be popping up new stores everywhere.
So maybe they have hit some e-commerce wall.
 
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Xiaomi Redmi Note ‘resale’ starts after it goes out of stock on Flipkart
4 G
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    Written by Debashis Sarkar | New Delhi | Posted: December 2, 2014 5:08 pm | Updated: December 2, 2014 8:10 pm
    The newly launched Redmi Note smartphone from Xiaomi went out of stocks in six seconds on Flipkart today. Xiaomi sold 50,000 units at a price of Rs 8,999. However, what is more interesting is people who managed to get one on their carts were quick to post resale offers on social media and Ebay.

    Many Flipkart users who managed to book the Redmi Note were offering it at an average price of Rs 9,500. The Redmi Note is selling at a price as high as Rs 15,000 on Ebay.in. Before the flash sales, several buyers were even offering a booking service on Flipkart for Rs 500.

    - See more at: Xiaomi Redmi Note ‘resale’ starts after it goes out of stock on Flipkart | The Indian Express


  • It would be interesting to know how many of the buyers during any Xiaomi sale are genuine buyers and not people trying to make a quick buck.

From guaranteeing the booking to offering free home delivery, disappointed buyers who couldn’t book one themselves have several options to buy the Redmi Note today by paying extra. It seems Xiaomi has enabled a new breed of business in which people can earn some pocket money by simply taking advantage of the huge demand compared to the supply. However, it has been reported that Xiaomi as well Flipkart are taking this black marketing seriously and is looking to check it based on user behaviour that resembles resellers. It would be interesting to know how many of the buyers during any Xiaomi sale are genuine buyers and not people trying to make a quick buck. The phone is powered by an octa-core MTK 6592 1.7GHz processor from MediaTek. It has a 5.5-inch 720p display that will draw power from a 3,100 mAh lithium-polymer battery. The Redmi Note mounts a 13MP rear camera and a 5MP front facing camera for sefie-holics. The Xiaomi Redmi Note has an eye-popping spec sheet at a jaw-dropping price. However, before you line up virtually on Flipkart, note that this is a really large device and one that runs on the now dated Android 4.2.2 Jelly Bean operating system. - See more at: Xiaomi Redmi Note ‘resale’ starts after it goes out of stock on Flipkart | The Indian Express
 
we need some game changing inventions, I believe with decades accumulated innovations we will be there very soon, because we have massive needs and technological readiness to push us forward
 
we need some game changing inventions, I believe with decades accumulated innovations we will be there very soon, because we have massive needs and technological readiness to push us forward

China has everything, we have the need, scientific manpower, good education system and policy guidance, the only problem is the cost of financing is high, so "copy" is an economically effective way for companies.
 
E-commerce is not just a better mail-order catalog.

It can be used to leverage online investment, big data and just-in-time logistics. Mail order catalogs cannot compare, especially in the first 2 categories.
 
E-commerce is not just a better mail-order catalog.

It can be used to leverage online investment, big data and just-in-time logistics. Mail order catalogs cannot compare, especially in the first 2 categories.

Correct and plenty more:

e-bookings and e-payments for theatres, concerts, plays, operas, airline, hotels, cabs, rent-a-car, leasing, gifts, food, restaurants, catering, avenues for sports, ceremonial events, casinos, betting, school registration and fee payments, match-making, e-books, e-music, e-games, e-movies ...:cheesy::tup:
 
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