Chinese action-camera maker Insta360 posted a nearly 93% jump in third-quarter revenue, bolstering its credentials as a rising rival to GoPro while it prepares to take on drone powerhouse DJI by the end of 2025.

The Shenzhen-based company said sales reached 2.94 billion yuan (US$413 million) in the September quarter, up 92.64% from a year earlier, according to a filing to the Shanghai Stock Exchange on Monday.