Date(s) - Monday, January 16 2017
7:00 pm - 9:00 pm
The Press Restaurant
Xiaomi the startup was largely written off by analysts in 2010, but by the end of 2014 it produced China’s most popular smartphone and was the world’s most valuable startup. Xiaomi was hailed as a harbinger of Chinese prowess in design and execution. Yet, by the end of 2016, Xiaomi had run into difficulties in almost every line of business, from appliances to services to global expansion. Still a successful firm, yes, but Xiaomi today is far from its 2014 dominance. (It is now the No. 4 brand in its home market after Huawei, Oppo and Vivo.)
Internet guru Clay Shirky talks about Xiaomi’s rise and fall, which are both important stories. Xiaomi is a case study of remarkable innovation in both products and services, as well as an example of the troubles that plague Chinese firms when they try to export services ― not just products ― abroad. Shirky will also provide context to LeEco’s recent stumbles and to WeChat’s difficulties in becoming a global brand.
About the Speaker: Clay Shirky is a Global Network Professor at NYU, where he studies the effects of social media. He teaches on the Shanghai campus, and is the author of several books including, most recently, Little Rice: Smartphones, Xiaomi, and the Chinese Dream. His columns and writings have appeared in Business 2.0, The New York Times, The Wall Street Journal, Harvard Business Review and Wired.
Venue: The Press Restaurant, G/F, The Shun Pao Plaza, 309 Hankou Road, near Shangong Zhong Lu
7pm – 9pm (doors open at 7pm, event starts at 7.30pm)
Price: 75RMB SFCC members; 150RMB non-members.
Price includes one drink and snacks.
Bookings are closed for this event.