On February 9th, Yanan announced that it had received a $20 million C+ round of funding from Fu Ding and the equity investment funds and construction integration investment ledger and Softbank China's follow-through investment. This is the last round of financing. It has been a full year and a half.
Recalling the entire 2017, å’•å’š å’•å’š with smart running shoes series, intelligent motion engine and AI Bluetooth sports headset out of frequent public view; corporate å’•å’š App release marks the entry into the B-end enterprise sports market, currently has more than 200,000 companies The online marathon event, which has been adhering to it since 2015, has also become one of the most important labels for the company.
The company was established in 2010. Starting from wearable devices, it has gone through two phases: “hardware + traditional community†and “smart bracelet + app.†After C financing in May 2016, Shen Bo summarized the business model as "Big data + content + competitions + value-added services."
At present, advertising, e-commerce and event services have become the main source of income.
With the acceleration of consumption upgrades and the landing of the national “national sport†strategy, the ease of use and breadth of smart technology in sports and sports has gradually increased.
Shen Bo said that shifting to the AI ​​Technology Blessing "Smart Movement" new strategy is the main reason for attracting investors. After the current round of financing, Handan will continue to deepen the strategy of smart sports and increase investment in new technologies such as AI, laying down the line. New Retail, creating consumer brands, and launching more wearable sports devices that meet the needs of users' scientific, healthy, and efficient sports.
Articles from Lazy Bear Sports
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