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Time Business News
7 days ago
- Time Business News
Explore the Underwater World Effortlessly with the ASIWO MANTA Electric Underwater Scooter
For diving enthusiasts, snorkelers, and adventurous families, the ASIWO MANTA Underwater Scooter offers a transformative way to explore beneath the waves with ease, speed, and safety. This compact, lightweight electric scooter combines powerful propulsion, user-friendly controls, and thoughtful safety features to deliver an unforgettable underwater experience. Whether you're a professional diver seeking to extend your range or a casual snorkeler wanting to glide effortlessly through vibrant marine life, the MANTA is designed to elevate your underwater adventures. The underwater scooter market is evolving rapidly, with more people looking for ways to enhance their aquatic experiences without exhausting energy. The ASIWO MANTA stands out because it balances portability, power, and safety in a sleek package weighing only 7.7 lbs (3.5 kg). Its compact size fits as a carry-on for airline travel, allowing divers and explorers to take it anywhere—from tropical reefs to local lakes. With a maximum operating depth of 131 feet (40 meters), the MANTA opens up a vast underwater playground for users. Its 126Wh battery powers the scooter through three adjustable speed modes—slow (2 ft/s), medium (3.3 ft/s), and fast (5 ft/s)—with a maximum runtime of 35 minutes on the slowest setting. This versatility means you can choose a leisurely pace to admire sea turtles or ramp up the speed for a thrilling underwater ride. The MANTA's 126W motor delivers up to 9 kgf of thrust, providing strong, efficient propulsion that lets you cover more ground with less effort. Whether you want to explore coral reefs, underwater caves, or simply enjoy a peaceful swim, the scooter's power adapts to your needs. Its intuitive one-hand operation allows you to control speed and direction effortlessly, leaving your other hand free to interact with the environment—wave at fish, hold a camera, or steady yourself. The integrated camera mount supports popular action cameras like GoPro, Insta360, and DJI Osmo, so you can capture stunning underwater footage and share your adventures with friends and family. Safety is paramount when exploring underwater, and the ASIWO MANTA is built with multiple protective features. The propellers are fully encased to prevent injury and damage, while the scooter automatically shuts off if you lose your grip, then floats to the surface for easy retrieval. A safety lock prevents accidental activation, making it suitable for users of various ages and experience levels. The MANTA also carries SGS-approved CE certification, reflecting rigorous testing and compliance with safety standards. These features ensure that your underwater exploration remains fun and secure, whether you're diving solo or with loved ones. To keep the MANTA performing at its best, proper care is essential. After use in saltwater or chlorinated pools, rinse the scooter thoroughly with fresh water within five minutes to prevent corrosion. Pay special attention to the battery charging port and propeller area to avoid salt crystal or chlorine buildup. If corrosion appears on battery contacts, a simple cleaning with a vinegar and salt mixture can restore them. Always let the battery cool to ambient temperature before charging and avoid storing it in high-temperature environments. Following these steps will extend your scooter's lifespan and maintain its reliability for many adventures to come. Professional divers looking for a lightweight, portable scooter to cover greater underwater distances effortlessly Snorkelers and casual swimmers who want to enhance their experience with easy propulsion and longer underwater exploration Families and beginners seeking a safe, easy-to-use device with multiple speed settings and safety features Underwater photographers and videographers who want to capture smooth, dynamic footage using the integrated camera mount Users praise the MANTA for its solid construction, ease of use, and fun factor. Reviews highlight the scooter's thrust and battery life as meeting or exceeding expectations, with many noting how it makes underwater exploration accessible and exciting for all ages. The combination of free shipping, a 1-year warranty, and a 14-day return policy adds confidence to the purchase, making it a compelling choice in the underwater scooter market. The ASIWO MANTA Underwater Scooter is more than just a water toy—it's a gateway to discovering the underwater world with freedom, safety, and style. Its lightweight design, powerful motor, and thoughtful features make it ideal for anyone wanting to explore beneath the surface without fatigue or hassle. Whether you're capturing breathtaking marine life on camera or simply enjoying the thrill of gliding through water, the MANTA delivers an unmatched aquatic experience that's both accessible and exhilarating. TIME BUSINESS NEWS
Yahoo
13-06-2025
- Yahoo
Your GoPro and Insta360 cameras are getting a massive upgrade, and It's all thanks to Apple
When you buy through links on our articles, Future and its syndication partners may earn a commission. At WWDC 2025 this week, Apple announced that Insta360, GoPro, and Canon had been partnering with company to develop native support for their cameras for the next version of VisionOS, visionOS 26. Insta360 has clarified what that actually means for creators using the X5 or Ace Pro 2 cameras. Apple has developed new parts of the QuickTime file, which it is calling an APMP (Apple Projected Media Profile), which can be used to describe the lenses and image produced by non-traditional cameras, including cameras with stitching, like the Insta360 X5. 'Apple's support for native playback of 360-degree and wide field-of-view video on Apple Vision Pro is a game changer that brings immersive storytelling full circle,' said Max Richter, VP of Marketing at Insta360. 'Soon, with visionOS 26, you'll be able to relive these awesome moments from Insta360 X5 and Ace Pro 2 like you're there all over again.' Apple's Jon Logan provided a detailed explanation of APMP for developers and video tech geeks at WWDC which can be seen here. It provides a clear explaination of the difference between rectilinear (flat) video formats and the alternatives that exist out there. Apple's improved software, as the company puts it "has built-in support for popular camera vendors' lens projection parameters and field of view modes" – that's not just my pick for best 360-degree camera, the Insta360 X5 but the GoPro Max (when it comes to spherical 360). More than spherical 360 – in which you'll be able to look around the room (or outdoor space) after the fact, there is also support for the wide-angle lenses of popular action cameras – again the Ace Pro 2 (and, inevitably, GoPro Hero 13 Black). Insta360 has a tradition of cooperating with Apple, from being the first 360 degree camera that made it to Apple Stores, to the Flow 2 Pro's support for Apple's DockKit, meaning iPhone users had on-device access to the gimbal's features. visionOS 26 is not expected to be fully available until this fall, though Apple developers can access early versions now and traditionally the iOS beta comes out about a month after WWDC.


West Australian
13-06-2025
- Business
- West Australian
Trade tensions aren't stopping Chinese companies from pushing into the US
Chinese companies are so intent on global expansion that even the biggest stock offering to date on Shanghai's tech-heavy STAR board counts the US as one of its biggest markets, on par with China. Shenzhen-based camera company Insta360, a rival to GoPro, raised 1.938 billion yuan ($417 million) in a Shanghai listing Wednesday under the name Arashi Vision. Shares soared by 274 per cent, giving the company a market value of 71 billion yuan ($15.3 billion). The US, Europe and mainland China each accounted for just over 23 per cent of revenue last year, according to Insta360, whose 360-degree cameras officially started Apple Store sales in 2018. The company sells a variety of cameras — priced at several hundred dollars — coupled with video-editing software. Co-founder Max Richter said in an interview Tuesday that he expects US demand to remain strong and dismissed concerns about geopolitical risks. 'We are staying ahead just by investing into user-centric research and development, and monitoring market trends that ultimately meet the consumer['s] needs,' he said ahead of the STAR board listing. China launched the Shanghai STAR Market in July 2019 just months after Chinese President Xi Jinping announced plans for the board. The Nasdaq-style tech board was established to support high-growth tech companies while raising requirements for the investor base to limit speculative activity. In 2019, only 12 per cent of companies on the STAR board said at least half of their revenue came from outside China, according to CNBC analysis of data accessed via Wind Information. In 2024, with hundreds more companies listed, that share had climbed to more than 14 per cent, the data showed. 'We are just seeing the tip of the iceberg. More and more capable Chinese firms are going global,' said King Leung, global head of financial services, fintech and sustainability at InvestHK. Leung pointed to the growing global business of Chinese companies such as battery giant CATL, which listed in Hong Kong last month. 'There are a lot of more tier-two and tier-three companies that are equally capable,' he said. InvestHK is a Hong Kong government department that promotes investment in the region. It has organised trips to help connect mainland Chinese businesses with overseas opportunities, including one to the Middle East last month. Roborock, a robotic vacuum cleaner company also listed on the STAR board, announced this month it plans to list in Hong Kong. More than half of the company's revenue last year came from overseas markets. At the Consumer Electronics Show in Las Vegas this year, Roborock showed off a vacuum with a robotic arm for automatically removing obstacles while cleaning floors. The device was subsequently launched in the US for $US2600 ($4020). Other consumer-focused Chinese companies also remain unfazed by heightened tensions between China and the US. In November, Chinese home appliance company Hisense said it aimed to become the top seller of television sets in the US in two years. And last month, China-based Bc Babycare announced its official expansion into the US and touted its global supply chain as a way to offset tariff risks. Chinese companies have been pushing overseas in the last several years, partly because growth at home has slowed. Consumer demand has remained lackluster since the COVID-19 pandemic. But the expansion trend is now evolving into a third stage in which the businesses look to build international brands on their own with offices in different regions hiring local employees, said Charlie Chen, managing director and head of Asia research at China Renaissance Securities. He said that's a change from the earliest years when Chinese companies primarily manufactured products for foreign brands to sell, and a subsequent phase in which Chinese companies had joint ventures with foreign companies. Insta360 primarily manufactures out of Shenzhen, but has offices in Berlin, Tokyo and Los Angeles, Richter said. He said the Los Angeles office focuses on services and marketing — the company held its first big offline product launch in New York's Grand Central Terminal in April. Chen also expects the next phase of Chinese companies going global will sell different kinds of products. He pointed out that those that had gone global primarily sold home appliances and electronics, but are now likely to expand significantly into toys. Already, Beijing-based Pop Mart has become a global toy player, with its Labubu figurine series gaining popularity worldwide. Pop Mart's total sales, primarily domestic, were 4.49 billion yuan in 2021. In 2024, overseas sales alone surpassed that to hit 5.1 billion yuan, up 373 per cent from a year ago, while mainland China sales climbed to 7.97 billion yuan. 'It established another Pop Mart versus domestic sales in 2021,' said Chris Gao, head of China discretionary consumer at CLSA. The Hong Kong-listed retailer doesn't publicly share much about its global store expansion plans or existing locations, but an independent blogger compiled a list of at least 17 US store locations as of mid-May, most of which opened in the last two years. The toy company has been 'very good' at developing or acquiring the rights to characters, Gao said. She expects its global growth to continue as Pop Mart plans to open more stores worldwide, and as consumers turn more to such character-driven products during times of stress and macroeconomic uncertainty. CNBC


CNBC
12-06-2025
- Business
- CNBC
Trade tensions aren't stopping Chinese companies from pushing into the U.S.
BEIJING — Chinese companies are so intent on global expansion that even the biggest stock offering to date on Shanghai's tech-heavy STAR board counts the U.S. as one of its biggest markets, on par with China. Shenzhen-based camera company Insta360, a rival to GoPro, raised 1.938 billion yuan ($270 million) in a Shanghai listing Wednesday under the name Arashi Vision. Shares soared by 274%, giving the company a market value of 71 billion yuan ($9.88 billion). The United States, Europe and mainland China each accounted for just over 23% of revenue last year, according to Insta360, whose 360-degree cameras officially started Apple Store sales in 2018. The company sells a variety of cameras — priced at several hundred dollars — coupled with video-editing software. Co-founder Max Richter said in an interview Tuesday that he expects U.S. demand to remain strong and dismissed concerns about geopolitical risks. "We are staying ahead just by investing into user-centric research and development, and monitoring market trends that ultimately meet the consumer['s] needs," he told CNBC ahead of the STAR board listing. China launched the Shanghai STAR Market in July 2019 just months after Chinese President Xi Jinping announced plans for the board. The Nasdaq-style tech board was established to support high-growth tech companies while raising requirements for the investor base to limit speculative activity. In 2019, only 12% of companies on the STAR board said at least half of their revenue came from outside China, according to CNBC analysis of data accessed via Wind Information. In 2024, with hundreds more companies listed, that share had climbed to more than 14%, the data showed. "We are just seeing the tip of the iceberg. More and more capable Chinese firms are going global," said King Leung, global head of financial services, fintech and sustainability at InvestHK. Leung pointed to the growing global business of Chinese companies such as battery giant CATL, which listed in Hong Kong last month. "There are a lot of more tier-two and tier-three companies that are equally capable," he said. InvestHK is a Hong Kong government department that promotes investment in the region. It has organized trips to help connect mainland Chinese businesses with overseas opportunities, including one to the Middle East last month. Roborock, a robotic vacuum cleaner company also listed on the STAR board, announced this month it plans to list in Hong Kong. More than half of the company's revenue last year came from overseas markets. At the Consumer Electronics Show in Las Vegas this year, Roborock showed off a vacuum with a robotic arm for automatically removing obstacles while cleaning floors. The device was subsequently launched in the U.S. for $2,600. Other consumer-focused Chinese companies also remain unfazed by heighted tensions between China and the U.S. In November, Chinese home appliance company Hisense said it aimed to become the top seller of television sets in the U.S. in two years. And last month, China-based Bc Babycare announced its official expansion into the U.S. and touted its global supply chain as a way to offset tariff risks. Chinese companies have been pushing overseas in the last several years, partly because growth at home has slowed. Consumer demand has remained lackluster since the Covid-19 pandemic. But the expansion trend is now evolving into a third stage in which the businesses look to build international brands on their own with offices in different regions hiring local employees, said Charlie Chen, managing director and head of Asia research at China Renaissance Securities. He said that's a change from the earliest years when Chinese companies primarily manufactured products for foreign brands to sell, and a subsequent phase in which Chinese companies had joint ventures with foreign companies. Insta360 primarily manufactures out of Shenzhen, but has offices in Berlin, Tokyo and Los Angeles, Richter said. He said the Los Angeles office focuses on services and marketing — the company held its first big offline product launch in New York's Grand Central Terminal in April. Chen also expects the next phase of Chinese companies going global will sell different kinds of products. He pointed out that those that had gone global primarily sold home appliances and electronics, but are now likely to expand significantly into toys. Already, Beijing-based Pop Mart has become a global toy player, with its Labubu figurine series gaining popularity worldwide. Pop Mart's total sales, primarily domestic, were 4.49 billion yuan in 2021. In 2024, overseas sales alone surpassed that to hit 5.1 billion yuan, up 373% from a year ago, while mainland China sales climbed to 7.97 billion yuan. "It established another Pop Mart versus domestic sales in 2021," said Chris Gao, head of China discretionary consumer at CLSA. The Hong Kong-listed retailer doesn't publicly share much about its global store expansion plans or existing locations, but an independent blogger compiled a list of at least 17 U.S. store locations as of mid-May, most of which opened in the last two years. The toy company has been "very good" at developing or acquiring the rights to characters, Gao said. She expects its global growth to continue as Pop Mart plans to open more stores worldwide, and as consumers turn more to such character-driven products during times of stress and macroeconomic uncertainty.


Forbes
11-06-2025
- Business
- Forbes
Founder Of Chinese Camera Maker Insta360 Becomes A Billionaire Upon IPO
Liu Jingkang, founder of Insta360. Shares of Chinese camera maker Insta360 almost quadrupled in their public debut on the Shanghai Stock Exchange, valuing the company at about 71 billion yuan ($9.9 billion) and making its 34-year-old founder, Liu Jingkang, a billionaire. Trading as Arashi Vision, the Shenzhen-headquartered camera maker raised 1.94 billion yuan ($270 million) in its debut on the Shanghai bourse's Science and Technology Innovation Board (STAR Market) on Wednesday. It opened at 182 yuan, 285% above its IPO price of 47.27 yuan, reaching a peak of almost 188 yuan before closing at 177 yuan. This was the largest listing on the STAR Market this year, and proceeds will mainly be used to back future research and development. A computer science graduate from Nanjing University, Liu, who goes by his initials 'JK,' founded Insta360 in 2015 and was featured on the Forbes 30 Under 30 Asia list in 2017. Based on Liu's roughly 26.8% stake in the company, including a stake held by his wife, Forbes estimates his net worth to be $2.7 billion. 'Ten years ago, we walked out of the dormitory of Nanjing University, with just very few resources and very big dreams,' Liu said in a speech at Insta360's listing ceremony in Shanghai. 'Ten years have passed, and our flagship devices have progressed from ONE X to X5…the further we go, the clearer our original vision has become.' Insta360's X5 camera. Offering a wide range of consumer imaging products, Insta360 has gained traction among videographers and content creators worldwide. Its products include its 'X' series of 360-degree action cameras, which are capable of taking high-resolution spherical videos, and 'Go' series of compact, lightweight action cameras. In 2024, the company reached 5.6 billion yuan ($779.9 million) in revenue, up 53.3% year-over-year, and 994.7 million yuan in profit, up 19.9% year-over-year. Driving Insta360's rapid growth is its strong domestic sales and international expansion in key markets such as the U.S., Europe, and Japan. Last year, 76% of its revenue came from overseas sales, according to its prospectus, with 1.3 billion yuan in sales from the U.S. alone. The company says it has 2,000 employees worldwide in offices located in China, U.S., Japan and Germany. Prior to its debut, Insta360's backers have included Qiming Venture Partners, an early investor in Chinese smartphone and EV maker Xiaomi and food delivery giant Meituan; IDG Capital Partners, whose partners on the Forbes Midas list have included Young Guo and Meng Lian; Nasdaq-listed tech giant Xunlei; and leading Chinese retailer Suning Holdings Group. Dubbed a 'little giant' by Chinese state media for its status as a rising tech enterprise, the camera maker raised $30 million in a 2019 funding round, which included participation from Chinese investment firms Everest Venture Capital, MG Holdings and Huajin Capital. Insta360's GO 3S camera. Looking ahead, Insta360 may face considerable headwinds from threats of a U.S.-China trade war. The company noted in its prospectus that 'uncertainty of the company's overseas business development has increased,' citing the White House's evolving stance on tariffs since February. The company may also need to navigate competitors in the field of consumer electronics. Insta360 stated its competitors include Nasdaq-listed GoPro and billionaire Frank Wang's Shenzhen-headquartered DJI, which specializes in drones but also sells action cameras. In 2024, the U.S. International Trade Commission announced it would investigate a complaint filed by GoPro against Insta360 for alleged patent infringement, although results of this investigation have not been published. Other technological innovations in focus for the company include VR compatibility and AI editing features. Earlier this week, Apple named Insta360 as a partner for its Vision Pro headset, which will natively support videos shot with the camera brand's flagship devices. In April, Insta360 unveiled a suite of new AI-powered tools for its eponymous app, which the company says can automatically add music and transitions to footage its users capture. Fueling the demand for Insta360's cameras is a new generation of content creators, who may seek out more sophisticated camera equipment to create engaging videos. As of 2023, there were an estimated 50 million creators online and five billion social media users worldwide, according to a report by Deloitte. In a burgeoning global 'creator economy,' social commerce is expected to be worth $2 trillion by 2026, the report added.