Gamechanger in swimming pool technology Beatbot hits $15 million in sales in just three months

Beatbot partners with Riskified for guaranteed protection of online transactions against fraud

August 27, Shanghai, China – Beatbot, a trailblazing technology brand in the global pool robotics industry, announced that its latest flagship series of robotic pool cleaners, the AquaSense series, achieved website sales of over $15 million in the three months following its launch, becoming the number one seller in the luxury robotic pool cleaner category. This milestone was achieved through cooperation with Riskified, a leader in ecommerce fraud and risk intelligence. Riskified’s AI-powered fraud prevention platform and guaranteed protection against fraud chargebacks helps ensure the stable growth of Beatbot’s global revenue.

Beatbot’s flagship AquaSense series of high-end pool cleaning robots revolutionizes the limitations of traditional pool cleaning and has become popular in the global markets, especially in the US and Europe. Powered by 9 motors, the flagship AquaSense series is equipped with advanced 5-in-1 smart cleaning functions that cover not only the floor, walls and waterline of a pool, but even surface and water purification. Additionally, the flagship AquaSense series effectively addresses common challenges in the pool cleaning industry, including low efficiency, inadequate performance, incomplete cleaning, and lack of intelligence.

Beatbot’s new pool cleaning technology has been in high demand worldwide. However, the company is also dealing with the risk of fraud and chargeback disputes due to the large number of website orders. To tackle this issue, Beatbot has teamed up with Riskified, a provider of global ecommerce payment risk control. Beatbot has now integrated Riskified,  whose Chargeback Guarantee solution increases order approval rates, protects ecommerce sales revenues from fraud, and has demonstrated performance in the home and electronics segments.

Riskified’s global payment risk management platform utilizes big data, artificial intelligence technology, and machine learning models tailored to customers’ business goals and industries. It analyzes hundreds of data attributes per transaction and makes real-time, sub-second decisions. Riskified evaluates transactions using a database of 3 billion transactions with a total gross merchandise volume (GMV) of more than $130 billion in the past year. This enables the Riskified platform to accurately identify legitimate consumers and potential fraudsters, ultimately reducing the customer’s fraud costs and helping to increase overall revenue.

Mr. Cliff Xiang, the payment risk control manager of Beatbot, said, “As we continue to innovate, expand our product lines, and cultivate global markets, we are very pleased to have Riskified’s strong global payment risk management support. It ensures the security and reliability of transactions, allowing us to confidently expand our business. In the future, we will continue to be committed to providing efficient and intelligent pool cleaning solutions to global users and secure our leading position in the luxury pool cleaning robot market.”

Aviram Ganor General Manager EMEA&APAC, Riskified, stated, “With the increasing complexity of the global marketplace and evolving fraud techniques, it has become challenging for ecommerce companies to differentiate between genuine consumer orders and fraudulent ones. We are delighted to assist Beatbot in managing the risk of cross-border payments and supporting their global expansion, thereby enhancing their overall profitability..”

Mr.Ganor added, “This year marks the fourth anniversary of our operations in China.In the most recent quarter, Riskified experienced over 35% growth in the APAC region.This milestone demonstrates Riskified’s long-term commitment and strategic focus on the Chinese market, enabling more ecommerce merchants and independent sites to improve their global revenue.” 

Visit Riskified China for more information. 

About Riskified

Riskified (NYSE:RSKD) empowers businesses to unleash ecommerce growth by outsmarting risk. Many of the world’s biggest brands and publicly traded companies selling online rely on Riskified for guaranteed protection against chargebacks, to fight fraud and policy abuse at scale, and to improve customer retention. Developed and managed by the largest team of ecommerce risk analysts, data scientists and researchers, Riskified’s AI-powered fraud and risk intelligence platform analyzes the individual behind each interaction to provide real-time decisions and robust identity-based insights. Riskified was named to CNBC’s World’s Top Fintech Companies in 2024. Learn more at Riskified.com