Chinese smartphone giant Xiaomi reported a 30.5 per cent jump in revenue for the third quarter on the back of a global smartphone market recovery and a strong push in the electric vehicles (EVs). The company's revenue for the three months through September reached 92.

The Chinese maker of smartphones and other consumer electronics said its net profit rose 9.9%, beating estimates by analysts in a Visible Alpha poll.

Chinese electronics maker Xiaomi Corp posted a 30.5% jump in third-quarter revenue, boosted by the launch of its first electric vehicle, the SU7 sedan, in March. Revenue came in at 92.5 billion yuan ($12.