China’s second largest smartphone maker, Xiaomi published its 3rd quarter figures for its app store on Friday. The figures show app downloads had surpassed 30 billion at November.
Xiaomi’s app store was launched in May 2012 and had accumulated 10 billion downloads as of November 2014. The app store allows both Xiaomi smartphone users and regular android users to download popular apps in much the same way as Google Play, in a market where Google-branded products are difficult to access.
Xiaomi was once the largest smartphone maker in China competing head to head with Huawei. In September, Xioami lost the top spot to Huawei, with the company’s 18.5 million smartphone shipments trailing Huawei’s 27.4 million for the third quarter.
Xiaomi is valued at USD 46 billion, making it China’s most valuable startup. Xiaomi insiders suggest Lei Jun has turned the company’s focus from smartphones to other smart devices.
Assessing the figures produced by the Xiaomi app store Q3 report, AllChinaTech has observed a sharp increase in Uber users who use Xiaomi and other Andriod devices. This, however, may not reflect the overall trend considering there are other mobile systems.
Below are a series of charts depicting marketshare data for popular apps, based on Q3 data from Xiaomi’s app store:
Since Didi Dache and Kuadi Dache merged to become Didi Kuaidi, Didi Kuaidi has led the car-hailing industry for 2015, but what’s new for 2015 is that Uber has come into the picture with Xiaomi users. The Uber app has seen a 20% increase in downloads compared with 18% for the first half of 2015.
The charts above show the app categories have changed compared with a year ago. In 2015, two new apps categories came into being that did not exist before: medical and health and video and music. The medical and health category takes up 12% of the pie.
Group buying apps
The newly-merged Meituan-Dianping takes up 72% of the group-buying market among Xiaomi users. Ruomi of Baidu comes in second with 26% of users.
Stock Market Tumble
The Chinese stock market tumble of July has shaken many a traders’ confidence, the report shows stock trading app downloads have dropped significantly — a whopping 253% plunge in just three months.