US EditionA Zuck-Backed Screenless Speaker Tries to Save the iPad Generation
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A Zuck-backed Screenless Speaker Tries to Save the iPad Generation
Not all parents think the iPad kids are all right, and it’s showing in sales of less-connected toys like Yoto’s screenless speaker. Yoto said sales of its speakers boomed 86% last year and 84% the year before that. The UK startup, which counts Meta CEO Mark Zuckerberg and Sir Paul McCartney among its investors, expects to turn its first profit this year. Over 3 million people play music and stories on Yoto’s $70 to $100 speakers (mini or full-s…
Children’s speakers startup Yoto saw sales grow by 86% in 2024
UK-based startup Yoto is seeing strong growth for its business in children’s speakers and related content – including music. The company told the Financial Times that its revenues grew by 86% in 2024 to £94.8m ($127.6m at current exchange rates) – and this on top of an 84% rise the previous year. Yoto wasn’t profitable in 2024: its losses […] The post is from Music Ally.
Yoto, creator of the children's audio device doubled its sales last year, which is why the London company hopes to achieve profitability for the first time...
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