Insta360

The drone separates navigation from camera perspective, combining panoramic capture, first-person view, and motion-based control in one system.

An IPO surge has set sky-high expectations, but rising costs and DJI’s push into rival segments weigh on Insta360.

Both companies, born from the city’s deep supply chains and policy support, are expanding into each other’s domains.

With DJI preparing to enter its core segment, Insta360 faces the challenge of defending its moat through continued innovation.