Earlier quoted context omitted.
From Bloomberg: > Earnings began to decline since 2021 due to supply chain headwinds and increased competition. I know that there's a slight difference between Chinese-state owned enterprises and Amazon, but isn't a sale to either one worrying?
In what sense is a sale to Amazon “worrying” compared to bankruptcy?
Roomba maker goes bankrupt, Chinese owner emerges
31–40 of 839 posts
Re: Roomba maker goes bankrupt, Chinese owner emerges
#32Re: Roomba maker goes bankrupt, Chinese owner emerges
#33I wonder what happens to the app and cloud functionality. > Under the restructuring, vacuum cleaner maker Shenzhen PICEA will receive the entire equity stake in the reorganized company. The company’s common stock will be wiped out under the proposed Chapter 11 plan. Hopefully they keep the lights on.
I think the lights have been off for some time already.
Re: Roomba maker goes bankrupt, Chinese owner emerges
#34It's shocking to me how good Roborock mop-vacuums are for example, Eufy vacuums are nice as well. They still run into unavoidable issues, but they're: much quieter even at their highest setting; show you how they map out the space; allow you to easily customize routes or focus on specific rooms; do a shockingly good job at self-emptying; and best of all you don't have to rescue them from the exact same sliding door track every single time you run them.
Re: Roomba maker goes bankrupt, Chinese owner emerges
#35Earlier quoted context omitted.
It's not just marketing, iRobot basically stopped innovating. For commodity items like robot vacuums or pool cleaners, there is a relentless pressure to innovate. You can't simply coast or else you will soon find yourself left behind. This is a good article to describe the viewpoint of Chinese iRobot competitor https://kr-asia.com/at-usd-90-per-unit-seauto-is-quietly-swe...
I haven't seen a useful innovation in a robovacuum for at least a decade. What are you talking about? Biggest issue has been the flood of cheap chinese units on the market - like GoPro, they had nowhere to go, and got beat on price once feature parity was achieved (which didn't take that long).
Roomba was living off of name recognition for most of that period and was far behind in adopting any of it.
Re: Roomba maker goes bankrupt, Chinese owner emerges
#36Earlier quoted context omitted.
From Bloomberg: > Earnings began to decline since 2021 due to supply chain headwinds and increased competition. I know that there's a slight difference between Chinese-state owned enterprises and Amazon, but isn't a sale to either one worrying?
In what sense is a sale to Amazon “worrying” compared to bankruptcy?
China might at least make some products out of this purchase. Most of these US companies would just sit on it.
Re: Roomba maker goes bankrupt, Chinese owner emerges
#37Re: Roomba maker goes bankrupt, Chinese owner emerges
#38If you've used any non-iRobot vacuum alternatives in the last 5 years and ever owned a Roomba in the past there should be nothing surprising about this headline. It's shocking to me how good Roborock mop-vacuums are for example, Eufy vacuums are nice as well. They still run into unavoidable issues, but they're: much quieter even at their highest setting; show you how they map out the space; allow you to easily custom…
Re: Roomba maker goes bankrupt, Chinese owner emerges
#39Re: Roomba maker goes bankrupt, Chinese owner emerges
#40Does anyone have recommendations for a robot vacuum that can handle dog hair and won't sell my floorplan to advertisers?
[1] https://valetudo.cloud/pages/general/supported-robots.html