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Large Medium SmallUS 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] |
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