It is quite common for Xiaomi, Redmi, Realme and other Chinese-origin smartphones to sell in massive volumes, often minutes (or even seconds) after it goes on sale. The Mi 11, for example, sold over 350,000 units within five minutes of going on sale. Its lower-specced cousin, the Redmi K40, isn't too far behind, as it managed to garner over 300,000 sales in the same time period.
The information comes from Redmi's official Weibo handle. Given the massive hype generated around the Redmi K40 series, it comes as no surprise that the initial stock sold out within mere minutes of going on sale. The 300,000 number likely includes all three Redmi K40 versions, including the Redmi K40, Redmi K40 and Redmi K40 Pro+. Redmi will sell the next batch of Redmi K40 units on March 8th in the country.
However, it is virtually impossible to determine just how many of those 300,000 sales went to real people. Like everywhere else, the Chinese market is flush with bots and scalpers. To put things in perspective, the iPhone 12 sold out within one second of going on sale on Chinese retailer JD.com's website. All three Redmi K40 variants offer excellent specifications, and eager early adopters wouldn't mind paying a little extra to get their hands on them.