Top 11 events in the wearable sector in 2015
By Song Jingli (chinadaily.com.cn) Updated: 2016-01-14 06:547. Misfit purchased by the Fossil Group
US smart bracelet maker Misfit, which selected Beijing as its venue to launch globally Shine 2, its next generation activity and sleep monitoring bracelet, was acquired by the Fossil Group for $260 million in November.
This was seen as a sign of consolidation in the industry.
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Sonny Vu, founder and CEO of Misfit Wearables, delivers a keynote speech on October 21, 2015 during the global launch event of Shine 2 held in Beijing. [Liu Zheng/chinadaily.com.cn] |
- Apple to turn Chinese suppliers green with environmental programs
- China sets lower limit of domestic petrol price at $40 per barrel
- Stocks tumble as trade data fail to boost sentiment
- Economists see no basis for yuan's continued depreciation
- China advances diversity in trading partners
- China's outbound M&A hit record high at $111.9b in 2015
- LeTV unveils new icon, aims to expand in US and India
- Master gives new life to cameras in his 'hospital’
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