Missing ‘Singles Day’ sales data clouds outlook for Ecovacs, Roborock
The lull in disclosure on the part of Ecovacs and Roborock, which together grab a domestic market share of more than 50%, has called their financial well-being into question.
Tag Roborock
Roborock founder’s EV startup Rox Motor nets US$1b in strategic funding
Rox Motor has been a massive gambit by Chang Jing, founder, chairman and CEO of Roborock, one of China's leading suppliers of robot vacuums, scrubbers and other home cleaning gadgets.
Roborock kicks plant into action, to roll out up to 300k robot vacuums per month
As a robot vacuum war heats ups in China and growth of the category slows, the focus of the industry has shifted from technical improvement to lean operation and cost reduction.
Roborock debuts new sweeping robots at IFA 2023, to start sale in October
Users can create a map of their homes on mobile phone and mark the areas needed to be cleaned as well as no-go zones to steer clear of.
Roborock founder jumps on EV bandwagon with release of Rox 01 SUV
China's saturated EV space is on the brink of a major shakeup. Consolidation is expected, since many loss-making players won't survive the cash-burning game and will be pushed out of the market.
Cleaning robot giant Roborock revenue up 13% in 2022 despite headwinds
Roborock attributed its success to sustainable business development at home and abroad, thanks to a strategy of tapping deeper into the domestic market while expanding internationally.
Roborock launches G20, P10 robotic vacuum cleaners with upgrades
Coupled with motion control algorithms, G20 can identify carpeted floors and autonomously switch to a vacuuming mode only. By lifting the mopping cloth off the floor, it avoids soiling the carpet.
Robotic sweeper startup Darob completes pre-Series A round of funding
Darob is one of dozens of startups that have made its foray into vacuum cleaning robotics, a segment already teeming with entrenched players like Ecovacs (科沃斯, 603486.SH) and Roborock (石头科技, 688169.SH) as well as up-and-comers like Narwal (云鲸).
Roborock debuts G10S Pure, variant of its best-selling G10S vacuum cleaner
According to third-party statistics, the cumulative sales of G10S reached 264,600 units through online retail channels in 2022, becoming the best-selling robot cleaner in the domestic market.
Robotic sweeper giant Roborock teases market with rumors of new washer-dryer
The timing of Robock's suspected entry into the white goods sector has sparked as much speculation as perplexity.
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