Insta360 spent $298m on memory chips in six months. GoPro’s shareholders are getting $285m in cash for the entire company.
By Darius Popa Insta360 opened its first American store on Saturday at 1515 Broadway, in the middle of Times Square. It is the company’s second self-operated shop outside China, after Tokyo in August. The ribbon-cutting is the least interesting part. Iris Deng interviewed co-founder Max Richter in Shenzhen for the South China Morning Post, and the numbers around the opening […] This story continues at The Next Web
Source:: The Next Web
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