The new Fitbit Luxe is like a cheaper, skinnier Versa 3

Today, Fitbit has released its first new wearable since its acquisition by Google earlier this year. Dubbed the Fitbit Luxe, the new fitness tracker takes many of its style cues from the popular Fitbit Versa 3, including its AMOLED screen, making it the first smaller Fitbit tracker to include a colour display.

The Luxe's housing is made of stainless steel, while its band is made of the same silicone material used in other Fitbit products. It's available in three colours: Lunar White with Soft Gold housing, Black with Graphite housing, or Orchid with Platinum housing. For an extra $100, there's also a special edition gold gorjana link bracelet.

Under the hood, the Fitbit Luxe also packs a lot of the same technology as the Versa 3 (albeit in a slimmer, lighter package), making it ideal for those wanting a fitness tracker rather than a smartwatch. It includes 24/7 heart rate tracking, SpO2 monitoring, automatic activity tracking, swim tracking (the Luxe is water-resistant to 50m), sleep tracking, guided breathing programs, smartphone notifications and more with up to 5 days of battery life. Unfortunately, it lacks an inbuilt GPS, so you will need to keep your phone nearby if you're keen to map your walks and runs.

The Fitbit Luxe retails for $199.95 ($299.95 for the gorjana special edition bracelet) and is available for pre-order from today, shipping out in 'late May'. New users will also get a six-month free trial of Fitbit Premium (usually $14.99 per month), which offers advanced health insights, guided programs, sleep tools, games and challenges, workouts, and stress and mindfulness programs, including the new Deepak Chopra Mindful Method collection.