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Xiaomi Opens New Flagship Store In Dubai

The 6,600 square-foot-store is the Chinese tech company’s largest in the United Arab Emirates.

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xiaomi opens new flagship store in dubai
Xiaomi

Leading global tech company, Xiaomi, has opened its largest flagship store in the United Arab Emirates at the Dubai Mall. The extensive retail space is situated in the Chinatown area of the mall, a redesigned section of the first floor home to several prominent Chinese brands.

The official store opening happened on April 26th at a lively event attended by technology enthusiasts and Xiaomi fans. The event was overseen by the General Manager of Xiaomi Middle East and Levant, Ronnie Wang and other regional managers.

xiaomi dubai mall store

Xiaomi’s Dubai Mall store demonstrates the Chinese tech giant’s commitment to expanding its presence across the Middle East. The huge 6,600-square-foot retail unit is one of the company’s largest worldwide and will be used to showcase the latest innovative products.

“Our Dubai Mall store [is] the largest Xiaomi in the world among our 1,400 stores worldwide, excluding China and India. Since the first Xiaomi store opening in 2017, Xiaomi has been bringing the concept of smart homes into daily lives. We are grateful for our consumers and Mi fans’ unwavering support and promise to provide better quality products and the best shopping experience possible,” says Arjun Batra, Country Manager of Xiaomi UAE.

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After an official ribbon-cutting ceremony, attendees could engage in several interactive activities and meet top influencers, including Ajman Khan and Roman Khanand. Meanwhile, Xiaomi’s quadruped robot CyberDog appeared on stage to add to the excitement.

xiaomi dubai mall ribbon cut

Among the products displayed at the new store are smartphones, including the Redmi Note 12, 4 Ultra and more, plus laptops, smart devices, home appliances and even Xiaomi’s Electric Scooter.

In celebration of the store opening, Xiaomi is offering a 50% discount on all products for the first 350 customers and a 30% discount to the next 400.

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NEOPAY Wants To Follow Merchants Across Channels And Borders

A controlling 65% stake in noon payments would give NEOPAY access to marketplace sellers, online merchants and the payment flows they generate.

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neopay wants to follow merchants across channels and borders

It’s been a long time since checkouts were single defined places. A merchant might take payments at a physical register, on its own website and through an online marketplace, sometimes in more than one country. NEOPAY wants to follow those transactions wherever they happen.

The UAE payments company has entered into an agreement to acquire a 65% controlling stake in noon payments. NEOPAY already runs the acquiring infrastructure that lets merchants accept card payments, along with omnichannel acceptance and a merchant services platform. This new deal would add noon payments’ embedded payments platform, e-commerce gateway and merchant network across the UAE, Saudi Arabia and Egypt. That would considerably expand both NEOPAY’s digital commerce capabilities and its regional reach.

For merchants, the attraction is a single provider for online and in-store payments, plus faster settlements, data and analytics, and value-added financial services.

“Payments should be simple, reliable, and built for the markets they serve,” said Faraz Khalid, CEO of noon. His counterpart at NEOPAY, Vibhor Mundhada, added: “We have built a strong payments business in the UAE, and our ambition is now to take that capability across the region”. The acquisition, Mundhada added, would “expand our footprint into Saudi Arabia and Egypt” while reinforcing NEOPAY’s position at home.

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NEOPAY is also keen to point out potential payment volume increases. The company says noon payments’ integrations with marketplace sellers and online merchants create high transaction density in some of the region’s fastest-growing digital commerce segments. It also believes control of the business would give it access to those merchant relationships and payment flows, and speed up the rollout of alternative payment methods and installment options.

The combined roadmap targets faster merchant onboarding, better payment performance, tighter fraud controls and embedded financial services. The deal could also strengthen cross-border payments and settlement along key regional commerce corridors.

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