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China's Xiaomi becomes the youngest company on fortune Global 500 list for 2019

R Sinduja

News Editor
Image Credit: shortpedia

Xiaomi, Beijing based global technology, becomes the youngest company on the Fortune Global 500 list for 2019, with 468th rank and revenue of $26,443.50 million. The 9-year-old company ranks 7th in the Internet Services & Retailing category. Xiaomi founder Lei Jun thanked all Mi fans and users for their support in achieving this huge milestone in just 9 years. Xiaomi is the world’s 4th largest smartphone brand as per IDC.