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Roomba maker goes bankrupt, Chinese owner emerges

news.bloomberglaw.com

31–40 of 839 posts

Re: Roomba maker goes bankrupt, Chinese owner emerges

#31
post #19

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?

[flagged]

Re: Roomba maker goes bankrupt, Chinese owner emerges

#32
post #31
post #19

Earlier quoted context omitted.

In what sense is a sale to Amazon “worrying” compared to bankruptcy?

[flagged]

At least with China we don’t need anti-semitic conspiracy theories to know they’ll be doing something evil!

Re: Roomba maker goes bankrupt, Chinese owner emerges

#33

I 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 had a roomba i5 fully stop working earlier this year. It said it couldn't connect to the internet but I believe what it meant was "some aspect of the remote server has decayed to the point that it no longer works with this platform". I threw it in the trash, vowed to never let this happen again, and got a valetudo machine.

I think the lights have been off for some time already.

Re: Roomba maker goes bankrupt, Chinese owner emerges

#34
If 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 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

#35
post #28
post #6

Earlier 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).

Emptying into the dock instead of having to empty the robot's dustbin weekly and almost everything involving mopping in combined units is within that time range. Lidar mapping was also pretty rare a decade ago, Neato was the first and it took a while before others did it too, then there was apps for controlling no-go zones using those maps instead of variations of virtual walls, if they had anything like that at all.

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

#36
post #19

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?

Years of layoffs after swearing to not so layoffs that shells out the assets and then leaves a carcass in 2025 instead of a corpse.

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

#38

If 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…

i got roomba less than year ago, because it was hard to find well reviewed non-mop vacuum with docking station that sucks all the dirt out.

Re: Roomba maker goes bankrupt, Chinese owner emerges

#39
post #31

Earlier quoted context omitted.

[flagged]

At least with China we don’t need anti-semitic conspiracy theories to know they’ll be doing something evil!

come on, you can't compare CCP to Cabal. It's not on same level

Re: Roomba maker goes bankrupt, Chinese owner emerges

#40
post #25

Does anyone have recommendations for a robot vacuum that can handle dog hair and won't sell my floorplan to advertisers?

Find a vacuum that supports valetudo[1] and a brush/roller like this: https://www.amazon.com/dp/B0F54134JY

[1] https://valetudo.cloud/pages/general/supported-robots.html

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