Fitbit is slowly righting its financial ship, courtesy of a successful push into smartwatch category. The wearable company reported a profit (when adjusted for items such as stock-based compensation) thanks to growing sales in the new category. Total revenues rose slightly to $393.6 million in the third quarter compared with the same period last […]
View More Fitbit earnings beat expectations on strength of smartwatch salesCategory: Pebble
Y Combinator is launching a startup program in China
U.S. accelerator Y Combinator is expanding to China after it announced the hiring of former Microsoft and Baidu executive Qi Lu who will develop a standalone startup program that runs on Chinese soil. Shanghai-born Lu spent 11 years with Yahoo and eight years with Microsoft before a short spell with Baidu, where he was COO and […]
View More Y Combinator is launching a startup program in ChinaLemonBox brings US vitamins and health products to consumers in China
China is rising in many ways — the economy, consumer spending and technology — but still many of its population looks overseas, and particularly to the West, for cues on lifestyle and health. That’s a theme that’s being seized by LemonBox, a China-U.S. startup that lets Chinese consumers buy U.S. health products at affordable prices. […]
View More LemonBox brings US vitamins and health products to consumers in ChinaY Combinator is going after Chinese startups with its first official event in China
High-profile U.S. startup accelerator Y Combinator is making a push to bring more China-based startups into its program after it announced its first official event in the country. YC has made a push to include startups from outside of North America in recent years. That has seen it bring in companies from the likes of […]
View More Y Combinator is going after Chinese startups with its first official event in ChinaPebble founder Eric Migicovsky has joined Y Combinator as a partner
You likely know the story of smartwatch maker Pebble, forced to sell its software and IP to Fitbit. What you probably don’t know is that behind the scenes, Pebble founder Eric Migicovsky was frequently seeking advice from Y Combinator. Now, Migicovsky will be sharing lessons learned with future YC startups, having quietly joined YC last month as one of its partners. Read More
Fitbit throws Pebble owners a bone with six more months of support
It’s probably little consolation for Pebble devotes who’ve slowly watched the hardware startup sink into oblivion, but Fitbit’s offering up a good will gesture by extending support for the smartwatch’s ecosystem for another six months. Those who’ve been clutching onto their crowdfunded wearable for dear life will be able to keep the product up and running through… Read More