Dreame retreats from hyper-expansion, refocusing on four core units
Dreame’s expansion was fueled by a financing model that combined roughly 20% of its own capital with 80% from local state-backed investors.
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Dreame slashes 200 business units to four in pivot back to core operations
Following the restructuring, Dreame will focus on four main areas: smart cleaning appliances, whole-home devices, smart mobility and embodied intelligence.