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Weighing Life360's Moat Versus Risks


Weighing Life360’s Moat Versus Risks
This story features LIFE360, INC. For more info SHARE ANALYSIS: 360
While Life360 continues to differentiate from and extend leadership over competitors, investors must weigh any existential risk from ‘Big Tech”.
-Life360 offers investors both peer to peer and two-sided network effects
-A fast growing user base has nearly 30m monthly active users
-Co-founders are highly-aligned with long-term success
-Analysts note the risk of devices being sold with pre-installed competitor apps
-The company generates more driver data than any other company in the US
By Mark Woodruff
Life360 ((360)) may best be described as a family-focused app concentrated in communication, location sharing, safety and driving. The app aims to be the point of connection for families in the way LinkedIn is for professionals, and Facebook is for friends. ....

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Life360 Deepens Foothold in Family Safety Space with Proposed Acquisition of Jiobit


Life360 Deepens Foothold in Family Safety Space with Proposed Acquisition of Jiobit
By
Staff
1 second ago
Proposed acquisition would strengthen Life360’s position as the leading family safety platform; offering protection for young children, pets, and seniors
SAN FRANCISCO–(BUSINESS WIRE)–Life360 (ASX:360) today announced the signing of a non-binding term sheet for the potential acquisition of Jiobit, the Chicago-based provider of wearable location devices for young children, pets, and seniors. The consideration for the potential acquisition is $37 million primarily in stock and debt, with the possibility that the price could increase to up to $54.5 million if certain performance metrics are achieved in the two full calendar years following completion of the deal. The potential acquisition would strengthen Life360’s position as the leading family safety platform and accelerate its entrance into fast growing new markets, including children under ten, ....

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Family tracking app Life360 to acquire wearable location device Jiobit for $37M – TechCrunch


Family tracking app Life360 to acquire wearable location device Jiobit for $37M
Popular family tracking app Life360 is investing in hardware. The company this morning announced the $37 million acquisition of Chicago-based Jiobit, the maker of a wearable location device designed for use by families with younger children, pets, or seniors. The $37 million is primarily in stock and debt, Life360 notes, but if certain performance metrics are met within two calendar years following the deal’s close, the deal price could increase to $54.5 million.
The Jiobit was first introduced on the market in 2018, mainly as a kid and pet tracker. The small, lightweight device can be attached to items kids wear or carry, like belt loops, shoelaces, and school backpacks, and appealed in particular to families who wanted a way to track younger children who didn’t yet have their own mobile device. Earlier this year, the company launched an updated version of the Jiobit ($129.99) that include ....

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Chester Marathon named as top running event for third year in row


THE Chester Marathon has been named as a top running event for the third year running.
The MBNA Chester Marathon was voted as best marathon at the National Running Awards. Additionally, the Essar Chester Half Marathon moved a step up the podium from last year, with a silver medal for best half marathon. Both races were competing in the events with up to 5,000 participating.
As a bonus, the Aldi Chester 10K was voted the best 10K race in the North West.
Joint Race Organiser Chris Hulse said: “After a very difficult year it’s so special to see so many runners turn out in force to vote for these awards and want to see us return in 2021. ....

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