Dreame Technology's Revenue Surges in H1 2025, Founder Boosts Stake Amidst Bankruptcy Rumors
Dreame Technology has started 2025 with a bang. Its revenue in the first half of the year has already surpassed the total revenue of 2024. Amidst rumors of bankruptcy, founder Yu Hao has reassured the public about the company's financial health.
Dreame's global presence is evident in its widespread retail network. Over 6,000 offline stores worldwide stock its products. The company operates in over 100 countries and regions, though its main trade partners remain undisclosed.
Yu Hao has shown confidence in Dreame's future by investing heavily in share repurchases. Over the past two years, he has invested around five billion yuan ($702 million), increasing his stake from 45% to 70%.
Dreame Technology's strong first-half performance and Yu Hao's significant investment indicate a robust and stable operation. Despite bankruptcy rumors, the company denies any financial distress, attributing its success to stable operations and positive cash flow.
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