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Misfit sets precedent by launching Shine 2 fitness band in Beijing as global shipments of wearables tipped to hit 45 million in 2015
Company is first US maker of wearables to debut a device in China, says country makes up 1/3 of its global sales
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Misfit, a maker of smart wearables based in Silicon Valley that started out mainly targeting female consumers, launched its new fitness and sleep tracker in Beijing on Wednesday.
Dubbed the Shine 2, it marks the first time a US wearable manufacturer has launched its flagship product in China.
“The reason why we launched our [Shine 2] here is because the China market did so well,” said Sonny Vu, CEO for Misfit.
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“China accounts for roughly one-third of our market,” Vu added.
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“In China, we outsell other competitors that usually outsell us in other countries.”
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