Fitbit

Above photo: Louis Lye, Regional Director, Southeast Asia, Fitbit. Credit: Fitbit

By Dean Koh 12:00 am September 6, 2019
At the sidelines of the launch of the Fitbit Versa 2 and Fitbit Aria Air in Singapore yesterday, Louis Lye, Regional Director, Southeast Asia, Fitbit, shared its sleep insights on Singaporeans, who have an average nightly sleep of 7 hours 5 minutes are the third most sleep deprived after Japanese and Indians (who get an average sleep of 6 hours 47 minutes and 7 hours 1 minute respectively). Based...
By Jonah Comstock 04:10 pm August 29, 2019
Connected fitness company Peloton released its IPO prospectus Tuesday, revealing grim financials, even by today's startup IPO standards: the company lost nearly $200 million in FY 2019, four times what it lost the previous year. The document also contains plenty of reminders of the company's ongoing legal struggles relating to its music licensing and alleged patent infringement. Yet, according to...
By Dave Muoio 08:59 am August 28, 2019
Fitbit pulled back the curtain on its fall launch lineup this morning, revealing a major new subscription health service called Fitbit Premium right alongside the latest versions of its tried and true consumer hardware products: the Fitbit Versa 2 smartwatch and Fitbit Aria Air Bluetooth scale. In-app wellness support for consumers Launching in September, Fitbit Premium is a data-driven health...

Photo: Fitbit

By Dean Koh 10:39 pm August 21, 2019
Fitbit announced yesterday that it will be collaborating with Singapore’s Health Promotion Board (HPB) on a healthy population project in support of Singapore’s Smart Nation initiative. The HPB is Singapore’s government agency that implements policy and programmes to improve the nation’s health, and a statutory board under the Ministry of Health (MOH). This is Fitbit’s first major integration of...
By Laura Lovett 03:33 pm August 9, 2019
Fitbit’s latest earnings call was a mixed bag for the wearable giant. The company’s revenue and device sales were up; however, the average price of the devices was down. This has led to the company to lower its revenue guidance by $95 million.  It appears to be continuing to focus in on its health division, which is seeing an uptick in year-over-year revenue, and is on track to meet its $100...
By Laura Lovett 02:58 pm July 25, 2019
In the US the percentage of people living with loneliness is rapidly increasing. This is particularly true when it comes to young people, about half of whom report living with loneliness.  Chronic loneliness is linked to a number of health conditions including depression and Type 2 diabetes, with the CDC reporting that it is more dangerous than obesity and as damaging as smoking 15 cigarettes a...
By Laura Lovett 09:00 am June 27, 2019
Cardiogram, maker of a smartwatch app that uses deep neural network technology to detect various heart conditions, has inked a deal with Fitbit allowing its application to be integrated with the tech giant’s wearables.  As part of the integration Fitbit users can now download the Cardiogram app and use it to monitor heart rate and sleep tracking. Users will also have access to Cardiogram’s...
By Dave Muoio 03:06 pm June 26, 2019
Digital chronic disease management startup Livongo is making the jump from patients’ pockets to their wrists with new integrations that will bring some of the mobile app’s alerts and features to consumer smartwatches. Starting today, certain models of Apple Watches, Fitbits and Samsung Gear wearables will surface individualized “Health Nudges” that encourage the wearer to perform certain...
By Dave Muoio 02:43 pm May 14, 2019
Fitbit and UnitedHealthcare are revitalizing their longstanding partnership with an update to the latter’s wellness-focused Motion Walking Program. Participants in the employer-sponsored program may use their Fitbit Charge 3 device to log daily activity and earn rewards, or obtain the device as a buy-up option. In addition, the companies announced that the Fitbit Inspire HR will also be available...
By Laura Lovett 02:09 pm May 3, 2019
With a focus on employee health, Fitbit reported a 10% year-over-year increase in revenue this past quarter, coming in at $272 million. This quarterly uptick in revenue is part of an upward trend for the wearable company that was once spiraling in losses.  While smartwatches and trackers remained the bulk of the wearable company’s business, its Health Solutions program, a service catering to...