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GPRO - GoPro, Inc. ()

Overview

Company Summary


GoPro, Inc. is a company that specializes in manufacturing and selling high-definition personal cameras and related accessories. It was founded in 2002 by Nick Woodman with the aim of providing technology that enables capturing immersive and engaging footage.

GoPro cameras are compact, rugged, and designed for capturing action-oriented activities. They are popular among athletes, adventurers, and outdoor enthusiasts who want to document their experiences. GoPro's cameras are known for their high-quality video and photo capabilities, as well as their durability and ability to withstand extreme conditions.

In addition to their cameras, GoPro also offers a range of accessories such as mounts, grips, and cases that enhance the user experience and allow for more versatile shooting options. These accessories enable users to capture footage from unique angles and perspectives.

GoPro has expanded its product lineup over the years to include advanced features like waterproofing, image stabilization, voice control, and live streaming capabilities. They have also developed software and mobile apps that enable users to edit and share their footage easily.

Apart from serving the consumer market, GoPro has also targeted professional filmmakers and content creators with its higher-end models and editing software. The company has collaborated with various athletes, adventure enthusiasts, and celebrities to promote its products and showcase their capabilities.

GoPro generates revenue by selling cameras, accessories, and software directly to consumers through its website and retail partners worldwide. They have also ventured into the subscription-based model with GoPro Plus, offering cloud storage, auto uploading, and discounts on accessories.

In recent years, GoPro faced challenges due to increased competition and declining demand for standalone personal cameras. To diversify its revenue streams, the company has ventured into content licensing, partnering with media outlets to sell user-generated content captured on GoPro cameras.

Overall, GoPro, Inc. is a company that designs, manufactures, and sells personal cameras and accessories, catering primarily to consumers who enjoy outdoor activities and want to capture their experiences in high definition.

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