Mi Band

  • VCs are betting on the great Chinese fitness boom Crunch Network

    VCs are betting on the great Chinese fitness boom

    As the Chinese economy has boomed in the last decade, millions of people have entered the middle class. And the Chinese aren’t just getting wealthier, they’re getting fitter. China, it seems, is in the midst of a workout craze — and that represents a once-in-a-lifetime opportunity for venture investors to back emerging health and wellness technology companies. Read More

  • Xiaomi unveils the Mi Band 2, a Fitbit-like activity tracker for $23

    Xiaomi unveils the Mi Band 2, a Fitbit-like activity tracker for $23

    Xiaomi just unveiled a brand new wearable device, the Mi Band 2. Despite the name, it’s the company’s third fitness tracking device after the Mi Band and Mi Band Pulse. It track your steps, monitors your heart rate and (for the first time) features a tiny display. It costs RMB 149, or a little less than $23. According to Xiaomi, Read More

  • Commoditized Wearables Crunch Network

    Commoditized Wearables

    Xiaomi reported it sold 2.8 million of its Mi Band activity tracker in the first quarter of 2015; in the same time period for 2014 (first quarter), they sold exactly 0. Newer reports have stated that the Mi Band has sold more than 6 million units for 2015. Analysts estimate this represents 25 percent of all similar devices sold this year. So what does this mean? Wearable fitness tracking… Read More

  • Surprise! Xiaomi’s New Metal-Edged Flagship Looks Like An iPhone. But Its $13 Wearable Is Novel

    Surprise! Xiaomi’s New Metal-Edged Flagship Looks Like An iPhone. But Its $13 Wearable Is Novel

    Fast growing Chinese Android smartphone startup Xiaomi, which earlier this month reported that it had shifted ~26 million handsets in the first half of this year, has unveiled a new flagship device which it will be hoping powers it over its sales target of 60 million smartphones in full year 2014. It’s also taken the wraps off its first wearable: the Mi Band. Read More