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SMARTWATCH SALES SLOWDOWN
Jio revamps mega IPO; DailyObjects lines up fresh capitalReliance Industries is revamping Jio Platforms’ IPO plans amid investor disagreements over valuation. This and more in today's ETtech Top 5.- Wearables brand Noise raises $20 million from Bose CorpThis is the second round of funding for the company. Earlier in 2023, US-based audio equipment major Bose had invested $10 million in the G...
- Boat gets shareholder approval for IPO, to seek regulator’s nodThis will be the company’s second attempt to go public after an abortive bid in 2022. According to sources, the company is considering an I...
- Hiring sprouts in smaller IT cos; Blackstone and Aakash InstituteEven as sector majors retreated, mid and small-cap IT firms and GCCs have stepped up hiring. This and more in today’s ETtech Top 5.
- Smartwatch shipments plunged 30% in 2024: ReportThe steep decline was blamed on a slower replacement cycle due to limited innovation in lower-price segments, poor sensor accuracy, unclear...
- Amid wearable device slump, companies target repeat customersWearables companies like Noise and Boult are banking on repeat customers and premium products to revive growth amidst a market slowdown. No...
- Wearables shipments down 21% on year in July-Sep: IDCAccording to data from market research firm IDC, shipments in the three-month period fell 20.7% year on year, with smartwatches witnessing ...
- Govt crackdown on PAN misuse; wearables slump hits profitsThe Ministry of Home Affairs has called for action against unauthorised use of personal data across various platforms. This and more in tod...
- Can Apple's iPhones pass the AI test?For the first time in more than a decade, the tech giant will unveil a suite of iPhones whose signature feature won't be an improved camera...
- Festive fever for quick commerce; new micro VC fundHappy Monday! More shoppers are turning to quick commerce for their festive needs compared to previous years This and more in today’s ETtec...
- Apple developing $1,000 tabletop robot with iPad-like display for 2026 releaseApple is advancing its development of a high-end tabletop device, combining an iPad-like display with a robotic arm, aiming for a 2026 or 2...
- Ecommerce fails to click for firms in Q4 as sales dip across segmentsOnline consumption lagged in the March quarter across segments like electronics, wearables and beauty. Delhivery said ecommerce delivery vo...
- Go Digit’s D-Street debut; Honasa Consumer Q4 financialsShares of Go Digit General Insurance started trading on the stock market Thursday. More on this in today’s ETtech Top 5.
- Wearable devices market sees growth slowdown amid fall in smartwatch shipmentsThe wearable devices market in India saw a modest growth of 2.1% year-on-year in the quarter ending March 2024, reaching 25.6 million units...
- Wearable market growth expected to slow in 2024 amidst plateauing innovation and inventory pile-upThe wearable market is anticipated to witness its slowest growth in 2024 since its inception in 2020, with market analysts predicting a sin...
- China's widening iPhone curbs roil US technology sectorApple fell more than 3% and was on track for its worst two-day decline since November after media reports said Beijing has told employees a...
- From fintechs to NBFCs – A bridge too far, and other top tech & startup stories this weekAfter the issues with IL&FS and DHFL, the regulator has become very concerned about the NBFC sector. Also, a clutch of unscrupulous Chinese...
- Apple CEO Tim Cook is fulfilling another Steve Jobs visionThe upcoming four-for-one stock split, a move that has no effect on share price but often spurs investor enthusiasm, is one measure of Appl...
- Getting good quality retail in India is a challenge: Niladri Mazumder, Seiko India"We were clocking high double-digit sales growth till 2018. But 2019 has been slow for us at just about 9-10%. Consumer sentiment is mellow...
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