Arashi Vision Inc.

What does Arashi Vision own?

Arashi Vision owns the Insta360 brand and its product lines: the X series 360 cameras, Ace action cameras, GO wearable cameras, Link webcams, and Flow gimbals.

Is Arashi Vision publicly traded?

Yes. It listed on the Shanghai Stock Exchange STAR Market on June 11, 2025 under ticker 688775, in the board's largest IPO in 17 months.

Who founded Arashi Vision?

Liu Jingkang founded the company in Shenzhen in 2015 at age 24. He serves as chairman and remains the controlling shareholder.

Where is Arashi Vision headquartered?

Shenzhen, Guangdong, China, with five global office centers supporting international sales.

What is Arashi Vision's revenue?

Fiscal 2024 revenue was RMB 5.57 billion, approximately $780 million, with net income of RMB 946 million. More than 70 percent of revenue comes from outside China.

Is Insta360 the same as Arashi Vision?

Yes. Insta360 is the consumer-facing brand; Arashi Vision Inc. is the legal corporate and stock exchange name. Both refer to the same company.

Who owns Arashi Vision?

Chairman Liu Jingkang holds the controlling stake, with venture investors including IDG Capital, Qiming Venture Partners, and Everest Venture Capital as significant minority holders alongside public shareholders.

Liu Jingkang founded the company in Shenzhen in 2015, at 24 years old, after graduating in computer science from Nanjing University. He had earned national attention as a student for a technical exploit involving a prominent tech CEO's phone number, and carried a builder's reputation into the startup. In 2017 he made the Forbes 30 Under 30 Asia list.

The founding idea targeted VR's expected boom: if immersive content was coming, cameras to capture 360-degree footage would be needed. The VR boom arrived slower than forecast, but the camera insight pivoted into a more durable one. The company's devices let users film everything around them and choose the framing afterward, which repositioned 360 cameras from a VR accessory into a general-purpose capture tool.

Early products were smartphone-attached 360 cameras. The breakout came as the company moved upmarket and into standalone devices: the ONE series, then the X series flagship line, and the invisible selfie stick feature that software-stitches the stick out of footage, producing third-person-looking shots from a handheld camera. That single demonstration did more for the brand than most of its advertising.

Product expansion followed a deliberate ladder. The GO series of thumb-sized wearable cameras created a new subcategory. The Ace Pro action camera line, co-engineered with Leica from 2023, took the fight directly into GoPro and DJI territory. Link webcams and the Flow smartphone gimbal extended the brand into adjacent creator hardware.

The financial trajectory was steep and consistent: RMB 1.33 billion revenue in 2021, 2.04 billion in 2022, 3.64 billion in 2023, and 5.57 billion in 2024, a compound rate above 65 percent. Net income reached 946 million yuan in 2024. R&D intensity stayed high throughout, about 13 percent of revenue, with research staff accounting for nearly 58 percent of headcount.

The company listed on the Shanghai Stock Exchange STAR Market on June 11, 2025, raising 1.94 billion yuan in the board's largest IPO in 17 months. Shares opened 285 percent above the issue price and pushed market capitalization near 71 billion yuan, making 33-year-old Liu a billionaire on debut with a fortune Forbes estimated at $2.7 billion. Liu himself cautioned at the debut that the small public float contributed to the surge.

Through late 2025 and 2026 the company has continued product launches across the X, GO, and Ace lines and expanded its global retail footprint, while the competitive environment hardened with DJI's entry into panoramic cameras, forcing heavier R&D and marketing spend.

Insta360 products have won CES Innovation Awards across multiple years, plus iF Design and Red Dot awards. The GO series earned TIME best inventions recognition. Founder Liu Jingkang appeared on Forbes 30 Under 30 Asia in 2017 and Forbes China's 2024 list of global business leaders, and his 2025 IPO was covered internationally as a marker of the company's decade-long rise.

No product safety recall or major regulatory action is on record against the company. The material public scrutiny is structural rather than scandal-driven: as a Chinese consumer electronics company with the majority of its revenue in the United States and Europe, it faces the same tariff exposure and data-policy attention applied to the category broadly. The IPO's small float also drew analyst comment on price volatility, a market-structure point rather than a corporate action.