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Yu Hao, CEO of Dreame Technology, responded to the controversy: building a company worth hundreds of trillions of US dollars is the goal for the next two decades.

cls.cn ·  Jan 17 19:12

①Recently, Yu Hao, founder and CEO of Dreame Technology, stated in a social media post that the Dreame ecosystem would become the first company ecosystem in human history to reach a market value of one hundred trillion US dollars, drawing widespread public attention; ②Today, Yu Hao publicly responded on a social platform to the recent controversy regarding the goal of “building a hundred-trillion-dollar company,” stating that this is a target for the next twenty years.

Cailian Press, January 17 (reporter Zhang Xiaoyu) — Recently, Yu Hao, founder and CEO of Dreame Technology, stated in a social media post that the Dreame ecosystem would become the first company ecosystem in human history valued at one hundred trillion US dollars. The above remarks also triggered extensive public discussion, with the topic #DreameCEOAimsToBuildFirstHundredTrillionDollarEcosystem trending on Weibo.

Today, Yu Hao addressed the recent controversy over the goal of “building a hundred-trillion-dollar company” in a post on a social platform. Yu Hao stated, “What I referred to is the future, not one year. Building the first hundred-trillion-dollar company in human history is indeed my goal. It’s something I, along with those who believe in us, will strive for over the next twenty years.”

Yu Hao believes that, based on objective laws, the scale of the highest-valued companies tends to increase tenfold roughly every twenty years. At the same time, Yu Hao noted that whether or not this goal is achieved, it would be beneficial for everyone. “For all observers, it provides an additional case study, which is quite rare in today’s broader environment.”

Zhuimi Technology founder and CEO Yu Hao responds to controversy. Image source: Weibo.

In his response, Yu Hao also mentioned that the company currently has nearly 40,000 employees, including over 18,000 in research and development and management roles. “This is different from what outsiders imagine. Even when accounting for our exploration across various fields, we have still remained profitable since our establishment.”

Publicly available information shows that Dreame Technology was founded in 2017 as a company specializing in high-speed digital motors, intelligent algorithms, and motion control technologies. Its product portfolio includes premium home appliances, smart kitchen appliances, smart cleaning devices, outdoor smart equipment, and personal care products across multiple categories.

In terms of performance, Cailian Press learned from Dreame Technology that the company's revenue in 2025 will double compared to 2024, marking six consecutive years of 100% annual revenue growth. Notably, Dreame's robotic vacuum cleaner business ranks first in market share across 22 countries globally, with a market share exceeding 40% in 12 countries and regions.

In the European market, the robotic vacuum cleaner business ranked first during the first three quarters of 2025, with a 26.8% market share in Western Europe. The floor washing robot business achieved the top market position in nearly 20 countries and regions worldwide, with a market share exceeding 70% in some countries. Additionally, the robotic lawn mower business secured the leading market share in several European countries, including Germany, France, and Finland, while also achieving the highest sales revenue globally for laser radar-enabled robotic lawn mowers. As of September 2025, the home appliance business has secured orders exceeding 2 billion US dollars.

According to an analysis report by LeadLeo Research Institute, the Chinese smart home market is rapidly developing under the impetus of policies, technological advancements, and consumer upgrades, transitioning from individual smart products to comprehensive smart home ecosystems. The penetration rate of artificial intelligence is expected to significantly increase.

Taking robotic vacuum cleaners as an example, according to IDC statistics, the global robotic vacuum cleaner market grew steadily in the first half of 2025, with cumulative shipments reaching 11.263 million units, a year-on-year increase of 16.5%. In terms of market share, Roborock, ECOVACS, Dreame, Xiaomi, and iRobot are the top five companies in the robotic vacuum cleaner sector. Leading enterprises such as Roborock, ECOVACS, and Dreame are actively expanding their product boundaries, with business scopes extending from robotic vacuum cleaners to various smart home cleaning robot products. They are also further covering traditional home appliance fields such as smart TVs.

The ultimate form of whole-home smart appliances is to build a proactive intelligent ecosystem that adapts spaces to human needs. The focus of competition has shifted from device interconnectivity to deep mining of user demands and breakthroughs in ecosystem barriers, according to analysis from LeadLeo Research Institute.

The translation is provided by third-party software.


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