Stock Market News

HMD launches Barbie phone in partnership with Mattel

2024.08.27 19:33

STOCKHOLM (Reuters) – HMD Global, which makes Nokia-branded phones, said it has teamed up with toymaker Mattel (NASDAQ:) to launch the HMD Barbie Phone – a pint-sized pink feature flip phone with a retro design.

The phone, priced at 99 pounds ($131.24), is available starting on Wednesday. The device allows users to make calls and send texts but gives no access to social media apps.

The Barbie-pink keypad has hidden designs featuring palm trees, hearts and flamingos that light up in the dark, the company said.

The launch coincides with the Barbie doll’s 65th birthday this year and follows the success of last year’s “Barbie” movie starring Margot Robbie, which grossed $1.4 billion at the global box office.

“I’d imagine quite a few people will be tempted to buy it as a bit of fun, but in reality, everyone is so dependent on their smartphones that anything more than the odd day of detox will be a stretch,” said Ben Wood, chief analyst at research firm CCS Insight.

Research firm CCS Insight estimates that HMD could sell more than 400,000 Barbie phones in the UK, where it will be available through Vodafone (NASDAQ:) and Argos.

© Reuters. FILE PHOTO: The new and old versions of the classic Barbie dolls are on display at Mattel Design Center in El Segundo, California, U.S., February 22, 2024. REUTERS/Mario Anzuoni/File Photo

Finnish firm HMD, which is backed by Alphabet (NASDAQ:)’s Google and Qualcomm (NASDAQ:), has launched several feature phones, including reissues of classic Nokia (HE:) phones such as the 3210 and 3310.

($1 = 0.7543 pound)



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 104,016.87 0.94%
ethereum
Ethereum (ETH) $ 2,536.44 8.32%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.40 2.03%
bnb
BNB (BNB) $ 659.80 1.89%
solana
Solana (SOL) $ 176.79 2.80%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.241541 17.26%
cardano
Cardano (ADA) $ 0.814815 4.65%
tron
TRON (TRX) $ 0.263275 0.13%
staked-ether
Lido Staked Ether (STETH) $ 2,532.17 8.37%
sui
Sui (SUI) $ 4.06 1.75%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 103,927.85 0.95%
chainlink
Chainlink (LINK) $ 16.92 5.91%
avalanche-2
Avalanche (AVAX) $ 25.22 8.02%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,040.28 8.17%
stellar
Stellar (XLM) $ 0.313258 5.15%
shiba-inu
Shiba Inu (SHIB) $ 0.000016 8.42%
hedera-hashgraph
Hedera (HBAR) $ 0.213737 5.99%
the-open-network
Toncoin (TON) $ 3.48 5.79%
hyperliquid
Hyperliquid (HYPE) $ 25.91 5.01%
bitcoin-cash
Bitcoin Cash (BCH) $ 424.54 2.51%
usds
USDS (USDS) $ 1.00 0.01%
litecoin
Litecoin (LTC) $ 103.78 0.68%
polkadot
Polkadot (DOT) $ 5.10 4.10%
leo-token
LEO Token (LEO) $ 8.27 4.88%
weth
WETH (WETH) $ 2,529.35 8.21%
monero
Monero (XMR) $ 325.71 4.50%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,700.75 8.28%
bitget-token
Bitget Token (BGB) $ 4.89 7.09%
pi-network
Pi Network (PI) $ 0.783779 6.61%
pepe
Pepe (PEPE) $ 0.000013 4.36%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.99725 0.31%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 103,950.85 0.94%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.02%
whitebit
WhiteBIT Coin (WBT) $ 30.12 0.61%
uniswap
Uniswap (UNI) $ 7.21 11.61%
bittensor
Bittensor (TAO) $ 459.58 7.79%
near
NEAR Protocol (NEAR) $ 3.29 12.54%
aptos
Aptos (APT) $ 6.10 9.01%
dai
Dai (DAI) $ 0.999897 0.07%
aave
Aave (AAVE) $ 223.74 5.60%
ondo-finance
Ondo (ONDO) $ 1.07 5.96%
okb
OKB (OKB) $ 55.87 1.13%
ethereum-classic
Ethereum Classic (ETC) $ 20.38 6.12%
internet-computer
Internet Computer (ICP) $ 5.74 4.78%
susds
sUSDS (SUSDS) $ 1.05 0.02%
crypto-com-chain
Cronos (CRO) $ 0.102911 1.11%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
kaspa
Kaspa (KAS) $ 0.10976 4.90%