Viomi’s mission is to redefine the future home via the concept of IoT @ Home.
The Company has developed a unique IoT @ Home platform consisting an ecosystem of innovative IoT-enabled smart home products, together with a suite of complementary consumable products and value-added businesses. This platform provides an attractive entry point into the consumer home, enabling consumers to intelligently interact with a broad portfolio of IoT products in an intuitive and human-like manner to make daily life more convenient, efficient and enjoyable, while allowing us to grow our household user base and capture various additional scenario-driven consumption events in the home environment.
We operate a highly scalable business model based on the three key pillars of:
- IoT-enabled smart home products;
- Complementary consumable products and value-added businesses;
- A factory-to-consumer (F2C) new retail sales strategy.
Aimed at China’s young, modern, “new middle-class” consumers, our portfolio of innovative IoT products form the core of our IoT @ Home platform. We have successfully brought to market an extensive range of IoT products, including our smart water purification systems, smart kitchen products, including smart refrigerators and range hoods, and other smart products such as smart washing machines, water heaters and other smart devices.
Xiaomi is our strategic partner and shareholder. Our strategic partnership with Xiaomi gives us access to Xiaomi’s ecosystem users, market and data resources and related support. Meanwhile, our strong research and development capabilities and innovative products and services also enrich Xiaomi’s suite of offerings, resulting in a mutually beneficial relationship between Xiaomi and us.