Ecosystem Empowerment and Data-Driven Approach: The Impact of Xiaomi Group's Digital Transformation on its Financial Performance

DOI

10.2991/978-94-6239-801-6_16How to use a DOI?

Keywords

Digital Transformation; Financial Performance; Xiaomi Group; Ecosystem; Smart Manufacturing

Abstract

Under the background of the vigorous development of the global digital economy and the accelerated transformation and upgrading of China's manufacturing industry, the financial value of enterprise digital transformation has become increasingly prominent, which has become the central issue of enterprise strategic decision-making and academic research. This paper selects the technology industry giant Xiaomi group as a typical case, and uses the single case longitudinal research method to carry out in-depth analysis. This paper reviews the digital transformation strategy of Xiaomi group since its establishment in 2010, especially after its initial public offering, and explores the driving factors, specific implementation paths and internal mechanisms behind it, as well as how these strategic measures affect financial performance. Based on a detailed trend analysis of financial data from 2018 to 2024, the study found that digital transformation had a significant and positive impact on financial performance through three key paths, namely “cost reduction and efficiency improvement”, “income creation and value creation” and “decision optimization”, which were specifically reflected in the significant improvement of inventory elasticity, the substantial improvement of operational efficiency, the steady growth of overall gross profit margin and the continuous enhancement of future competitiveness.

Copyright

© 2026 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Liuqian Chen
PY  - 2026
DA  - 2026/10/23
TI  - Ecosystem Empowerment and Data-Driven Approach: The Impact of Xiaomi Group's Digital Transformation on its Financial Performance
BT  - Proceedings of the 2026 2nd International Conference on Financial Innovation and Marketing Management (FIMM 2026)
PB  - Atlantis Press
SP  - 138
EP  - 145
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-801-6_16
DO  - 10.2991/978-94-6239-801-6_16
ID  - Chen2026
ER  -