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Letsfit Risk Report

Generated on July 17, 2025

1

Risks

Summary

๐Ÿ“œ Innovation & R&D

Letsfit has been actively innovating and expanding its product line. The company's development of affordable electronics and fitness products has been notable, especially in the crowded wellness and fitness market. By consistently updating their product offerings, Letsfit aims to capture a greater share of this competitive industry.

  • Letsfit expanded its fitness empire into sports apparel and accessories, focusing on affordability with pricing under $30 ๐Ÿ—“ November 23, 2020.
  • The company introduced the ID205L smartwatch, which gained notable visibility through reviews on ๐Ÿ—“ November 18, 2020, and ๐Ÿ—“ February 5, 2021.

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Profile

Founded Year
2016
Social Media
Specialties
exercise equipment, fitness accessories, fitness products, fitness trackers, health products, wearable technology, wireless headphones, wireless technology, workout accessories, workout equipment