Motorola launched its circular Moto 360 Gen 1 smartwatch back in 2015 and launched Moto 360 Gen 2. in 2016. But, the company exited the smartwatch market in 2016 citing not much interest in wearable devices back then. After 3 years now, Moto 360 third-generation has been officially announced through a new company called eBuyNow.