00:00Aura is taking its smart ring business public after reporting a major jump in revenue and
00:06membership. The company generated $1.2 billion in revenue during the nine months ending June 30th,
00:13up from $697 million a year earlier, and says it now has about 5 million paid members.
00:21Aura has sold 3.6 million rings over the past year as it expands beyond fitness tracking
00:27into broader health monitoring and AI. The IPO could value the company at around $16 billion,
00:35putting one of the biggest names in wearable health technology on the public market.
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