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RSS FeedsFitbit reportedly looking for buyer after slashing 2019 revenue forecast
(Android Police)

 
 

21 september 2019 05:13:56

 
Fitbit reportedly looking for buyer after slashing 2019 revenue forecast
(Android Police)
 


Fitbit has been on a rollercoaster of success and uncertainty since releasing their first step tracker all the way back in 2007, and now the fitness tech icon may be looking for a potential buyer. This comes after Fitbit cut its 2019 revenue forecast after sales of its newest wearables (namely the Versa Lite) were below expectations. Fitbit has allegedly hired Qatalyst Partners, a technology-oriented boutique investment bank, to assist in putting the company up for sale. Read MoreFitbit reportedly looking for buyer after slashing 2019 revenue forecast was written by the awesome team at Android Police.


 
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