Midea Group newly established an e-commerce company, including AI hardware sales business.

People’s Financial News On May 26th, Enterprise Search APP showed that Midea (Foshan Nanhai) E-Commerce Co., Ltd. was recently established with a registered capital of 10 million yuan, and its business scope includes: sales of smart home consumer equipment; Sales of semiconductor lighting devices; Artificial intelligence hardware sales; Household appliances installation services, etc. Enterprise investigation shows that the company is indirectly wholly-owned by Midea Group.