Xiaomi amasses over US$3.02 billion in turnover during Singles Day day sales, pipping Apple to top spot

Xiaomi has reported that it turned over CNY 19.3 billion (~US$3.02 billion) during 11.11 day sales, also known as Singles Day in China. The Redmi K40 even outsold the iPhone 13, with Apple generating slightly less turnover than Xiaomi.