Forbes (11 June 2025) Founder Of Chinese Camera Maker Insta360 Becomes A Billionaire Upon IPO

Insta360’s IPO signals strong momentum for real estate virtual tour creators

Summary by ChatGPT

✅ IPO raised USD$270 million on June 11, 2025 (¥1.94 billion)
✅ Company valued at USD$9.9 billion following first-day trading
✅ Founder Liu “JK” Jingkang now a USD$2.7 billion stakeholder
✅ Proceeds earmarked for R&D, signaling future product improvements

Why real estate photographers should pay attention

✅ Strong development pipeline – IPO funding supports new sensors, enhanced HDR capabilities, AI features, and software advancements ideal for high-quality interior tours.
✅ Current gear delivers results – The X5 model, with dual 1/1.28″ sensors and 72 MP HDR stills, excels in capturing complex lighting and detail-rich real estate spaces.
✅ Turnkey workflows – Insta360 bundles include accessories and seamless integration with virtual-tour platforms like Matterport, Zillow, GoThru, Kuula—streamlining your process.
✅ Global adoption – With 76% of revenue from overseas, including strong presence in the U.S., Insta360 proves reliable and trusted in professional markets.

Key figures (all USD)

✅ Funds raised: $270 million
✅ Company valuation: $9.9 billion
✅ Founder’s stake value: $2.7 billion
✅ Exchange rate used: $0.139 per yuan (June 17, 2025)

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Dan