Xiaomi

Xiaomi is a smart hardware company that operates with an ecosystem partner model, as illustrated by its relationship with Dreame, and counts Qiming Venture Partners among its backers . In the Chinese market, it has also functioned as an investor and platform for IoT companies: Aqara (then known as 绿米 or Lümi), a smart home and IoT solutions provider, is described as a "小米生态链企业" (Xiaomi ecosystem company) that received investment from Xiaomi as well as from Shunwei Capital, Gaorong Ventures, and others, and whose products integrate deeply with Xiaomi's Mijia smart home platform . Beyond China, Xiaomi has expanded into markets such as Egypt, where it established a smartphone factory and operates alongside other Chinese phone brands .