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360, LIFE360 INC.
nipper
post Posted: May 1 2021, 12:00 PM
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Life360 Inc (360) listed on the ASX in April 2019. Life360 is based in San Francisco and had more than 26 million monthly active users (MAU) as at December 2020, located in more than 195 countries.

The company operates a platform for today's busy families, bringing them closer together by helping them better know, communicate with and protect the people they care about. The Company's core offering, the Life360 mobile app, is a market leading app for families, with features that range from communications to driving safety and location sharing.


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In its first proposed acquisition since listing on the ASX in 2019, family tracking company Life360 is mulling a buyout of wearable location device maker Jiobit. Life360 founder and chief executive Chris Hulls said Life360 and Jiobit found that they had both customers and management vision in common.

QUOTE
Jiobit and Life360 are all about family safety and giving families peace of mind to get through the day. Our approach started with tracking teens through their smartphones, Jiobit started with wearables for younger kids, but if you look at where we were both going over a long term trajectory, we have the same North Star," Mr Hulls said.

Jiobit co-founder and chief executive John Renaldi said he was inspired by social exercise company Peloton's approach of combining a one-off purchase of a physical product (the bike) with an ongoing membership (live-streamed fitness classes).



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