Xiaoyi sports camera is seen installed on a drone. [Photo / techweb.com.cn]

Xiaomi Corp, a four-year-old startup based in Beijing, released its first new product of 2015 – Xiaoyi sports camera on Monday.

Similar to the popular Gopro camera, Xiaoyi sports camera weights 72 grams with a retail price of 399 yuan for basic version and 499 yuan for travel version with an extra selfie stick included. The built-in Wi-Fi allows users take videos, browse and edit with a mobile phone app and to share the images and videos on social media.

The product is available on Xiaomi's official website, JD.com and Tmall.

A screenshot of Xiaoyi sports cameras is taken from the website of JD.com. [Photo / chinadaily.com.cn]