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Voice-Driven Devices Surging

Amazon’s Echo is about to have some more competition in the digital assistant arena: China’s e-commerce giant Alibaba will start selling a $73 voice-activated speaker.The Tmall Genie X1 will be available for 499 yuan ($73) to the first 1,000 people who buy it during a one-month trial, the company announced on Wednesday. It may prove an attractive alternative to the more expensive Echo — which sells for about $180, or Apple’s recently launched $349 HomePod.

Read Full Story: Alibaba Goes After Amazon Echo With $73 Voice-Activated Speaker – Consumerist

 

Several thematic tailwinds are behind the surge in devices utilizing a voice interface, with the Amazon’s Alexa enabled Echo devices leading the way. While we’ve had Amazon (AMZN) on the Tematica Select List for some time, we’ve also added a second position in the voice space to the list, in a strategy that we refer to as “buy the bullets, not the gun.”  Click here for details.

About the Author

Chris Broussard
I'm the Co-Founder and President of Tematica Research and editor of Thematic Signals, which aims to uncover confirming data points and items to watch for our list of investing themes. Whether its a news item, video clip, or company commentary, we've included this full list of items literally "ripped from the headlines." I have been involved in financial services marketing and publishing for over 20 years – having held senior level positions with financial publishers, financial services corporations and providing marketing support and consulting services to financial institutions and independent financial advisors. My background in digital marketing, financial services and consumer research provides me with a unique perspective on how to uncover the underlying proof points that are driving the themes our Chief Investment Officer Chris Versace utilizes in our various Tematica publications.

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