Fitbit Inc

Tong's Portfolio

A layman's guide to investing in tech companies

SINGAPORE (Oct 14): Investors on Wall Street are clearly losing appetite for overhyped loss-making technology companies with uncertain business models and unclear paths to profitability. The disaster surrounding WeWork’s planned and now-aborted IPO is t

US-China trade war

Trump slaps tariffs on US$200 bil in Chinese goods, spares some consumer tech

WASHINGTON (Sept 18): US President Donald Trump escalated his trade war with China on Monday, imposing 10% tariffs on about US$200 billion ($275 billion) worth of Chinese imports, but sparing smart watches from Apple and Fitbit and other consumer products
From Fitbit

Tech

Fitbit Ionic is Apple's new rival in smartwatch race

(Aug 29): Wearable device maker Fitbit on Monday launched its newest device, the Ionic smartwatch, with features ranging from fitness tracking to contactless payment, as it gears up to compete with rivals such as Apple.

Wearable device maker Fitbit's revenue beats estimates, shares sprint

BENGALURU (Aug 3): Wearable fitness device maker Fitbit Inc's quarterly revenue raced past analysts' estimates as demand jumped for its new devices, sending its shares up as much as 8.1% in after-market trading.
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