Govt apps bans to hurt Xiaomi India revenue: Analysts

New Delhi: The government’s recent move to ban Xiaomi’s popular web browser, the ‘Mi Browser Pro’ along with the previously banned socializing platform ‘Mi Community’ could severely hurt the Chinese phonemaker’s revenue opportunity from value added services (VAS) worth millions of dollars, analysts say.

“Having built a user base of 90 million users and captured almost 30% market share, Xiaomi makes around $1 per user per month through such value-added services,” Faisal Kawoosa, founder at TechArc said.