<ul data-eligibleForWebStory="true">Urban Company transitions from services to product-services mix as it prepares for public listing.The shift began in 2023 with the launch of its water purifiers and smart locks.Company to launch air conditioners next, expanding its product range for customers and professionals.Financial reports show significant revenue growth from product sales, aiding profitability.Challenges lie ahead as Urban Company navigates the complexities of being a product-led business.