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Chinese Rivals Push GoPro Towards Takeover Territory as Market Share Collapses – channelnews
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Chinese Rivals Push GoPro Towards Takeover Territory as Market Share Collapses – channelnews
GoPro’s dominance of the action camera market is continuing to erode as Chinese rivals DJI and Insta360 surge ahead with more advanced products and innovation, putting the once-pioneering US brand under even greater financial pressure. The company recently confirmed it is reviewing strategic options, including a possible sale or merger, after reporting its third consecutive annual loss. GoPro posted a US$93.5 million loss for the year ending Dece
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