About Xiami
Xiami is a Media & Entertainment company based in Shanghai (China) founded in 2007, and was acquired by Alibaba in January 2013. Subscription-based streaming of Chinese music is offered by Xiami. The company has 1,036 employees. Its website xiami.com draws about 37 thousand monthly visits. Its Indian entity Xiaomi Technology India Private Limited reported revenue of ₹25,984 Cr. Its focus areas include Consumer, Music Tech, Streaming and On Demand. Its competitors include Netease Music, Joox Music and KuGou; 2 of its 3 listed competitors have raised funding.
Company details
Xiami was founded in 2007 in Shanghai, China, as a platform in the music streaming sector. Chinese music is provided for streaming and downloading, organized by artists and genres. Playlists are created and managed by users. Mobile applications are supported on Android and iOS devices. Revenue is derived from subscription fees and in-app purchases.
- Headquarters Shanghai, China
- Employees 1,036
- Stage Acquired
- SectorsMedia & Entertainment
- Website category Arts and Entertainment · Music
- Website conch.xiami.com
- Social X
- Acquired by Alibaba (Jan 2013)
- Legal Name Xiaomi Technology India Private Limited
- Date of Incorporation 07 Oct, 2014
- Jurisdiction Bengaluru, Karnataka, India
- Indian entity revenue₹25,984 Cr
FY 2024 · -3% YoY
- Indian entity net profit₹288 Cr
FY 2024 · 1% margin
- Indian entity EBITDA₹544 Cr
FY 2024 · 2% margin
- Investors
- Employee Count1,036
- Acquired byAlibaba
(Jan 2013)
Associated legal entities of Xiami
Xiami operates through Xiaomi Technology India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Xiaomi Technology India Private Limited CIN U72200KA2014FTC076704 | Active | 07 Oct 2014 | Bengaluru, Karnataka | ₹25,984 Cr | 1,036 | 2 | View details |
Investors in Xiami
Xiami has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Alibaba.com.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multi-category products are facilitated through an online B2B cross-border marketplace. | 1999 | alibaba.com | New York, United States |
Investor details for Xiami
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Board of directors of Xiaomi Technology India Private Limited (Xiami)
Xiaomi Technology India Private Limited is the primary company behind Xiami. The board of Xiaomi Technology India Private Limited currently have 2 directors; the longest-serving is Varun Sabhash Madan, appointed in 2024. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Varun Sabhash Madan DIN 10785314 | Director | 30 Sep 2024 | 2 yrs | Xiaomi Technology India Private Limited |
| Sudhin Mathur DIN 03474713 | Director | 21 Jan 2025 | 1 yr 9 mo | Xiaomi Technology India Private Limited |
Financials of Xiami
Figures of Xiaomi Technology India Private Limited, the primary company behind Xiami, for FY 2024. Revenue was ₹25,984 Cr (-3% year on year). Net profit was ₹288 Cr (1% margin). EBITDA was ₹544 Cr (2% margin). Revenue has grown at a compounded annual rate of -10% over three years and -6% over five years.
- ₹25,984 CrRevenue · FY 2024 · -3% YoY
- ₹288 CrNet profit · 1% margin
- ₹544 CrEBITDA · 2% margin
- ₹2.1 LakhPaid-up capital
- 1,036Employees (provident fund records)
- -10%Revenue CAGR, 3 years
- -6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Xiaomi Technology India Private Limited are on its company page.
Detailed financial statements for Xiami
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- Downloads
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Timeline of Xiami
2 dated milestones of Xiami across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Xiami is founded.
- Exit Acquired by Alibaba.
Competitors of Xiami
Xiami has 3 listed competitors in our database, 2 of them funded. They include Netease Music, Joox Music and KuGou.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| music.163.com | 2013 | Guangzhou, China | $1.41B | Music is streamed and downloaded through an online platform. | ||
| joox.com | 2014 | Shenzhen, China | $5.3M | Online music streaming app is offered for Android users. | ||
| kugou.com | 2003 | Guangzhou, China | Music is streamed and downloaded by users via KuGou platform. |
Detailed competitors of Xiami
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Web traffic of Xiami
The website of Xiami (xiami.com) receives about 37.4K visits a month and ranks #694,766 among all websites worldwide, #8,824 in Music.
- Monthly visits37.4K
▼ 26.7% vs previous month
- Unique visitors34K
per month
- Global rank#694,766
among all websites
- Category rank#8,824
Arts and Entertainment · Music
- Bounce rate55%
- Pages per visit1.6
- Average visit48 sec
- DevicesDesktop 51% · Mobile 49%
Websites whose visitors overlap most with Xiami. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
9ku.com | 9ku.com | 100% | #207,009 | – | |
songtaste.com | songtaste.com | 98% | – | ||
| duomi.com | 98% | 680.7K | View details | ||
| yinyuetai.com | 98% | 44.1K | #546,578 | View details | |
| top100.cn | 98% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Xiami
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Related news about Xiami
Complete news archive for Xiami
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Frequently Asked Questions about Xiami
Xiami was founded in 2007.
Xiami is headquartered in Shanghai, China.
Xiami has 1,036 employees.
The primary company behind Xiami, Xiaomi Technology India Private Limited, reported revenue of ₹25,984 Cr for FY 2024, down 3% year on year.
Xiami was founded in 2007 in Shanghai, China, as a platform in the music streaming sector. Chinese music is provided for streaming and downloading, organized by artists and genres. Playlists are created and managed by users. Mobile applications are supported on Android and iOS devices. Revenue is derived from subscription fees and in-app purchases.
Xiami's top competitors include Netease Music, Joox Music and KuGou.
Xiami has 1 investor. Key investors include Alibaba.com.
Xiami operates through Xiaomi Technology India Private Limited.
Yes. Xiami was acquired by Alibaba in January 2013.
The legal entities of Xiami currently have 2 directors, including Varun Sabhash Madan, Sudhin Mathur.