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Forbes
68 days

Tech Giants Partner With Retailers As Smart Glasses Battle Heats Up

1. Google invests $150M in Warby Parker for smart glasses development. 2. Warby Parker's stock rose nearly 20% after the announcement. 3. Q1 revenue hits $223.8 million, marking 12% year-over-year growth. 4. Warby Parker aims to launch AI-powered glasses after 2025. 5. Google's collaboration leverages Warby's retail network and stylish designs.

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FAQ

Why Bullish?

The partnership with Google significantly boosts Warby Parker’s growth potential and market share.

How important is it?

This significant investment and partnership will likely drive increased investor sentiment and stock performance.

Why Long Term?

The long-term growth strategy hinges on product launches expected after 2025.

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