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One Chinese Smartphone Company Sold 18.7 Million Smartphones in 2013

china smartphonesChinese phone manufacturer Xiaomi was able to sell 18.7 million smartphones last year – up 160% from the previous year. That’s a staggering total of $5.2 billion USD, a major growth compared to the previous year of $2.08 billion of revenue.

The company released four smartphones in 2013, with the lowest priced at $130. This year, Xiaomi is expected to ship 40 million smartphones – that’s only a small fraction of the country’s growing 1.351 billion residents (2012). The US only had 313.9 million residents compared to the same period. Read more

Social Media Newsfeed: Twitter, CBS Ad Partnership | Facebook Mobile Payments

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Twitter Partners with CBS for Massive Video-Ads-Within-Tweets Program (AllTwitter)
Twitter and CBS are partnering up to bring live video clips to a Twitter timeline near you through its Amplify program. This is the biggest partnership of its kind for Twitter, with CBS planning on incorporating Twitter-based ads into 42 of its TV shows and many of its Web properties.

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