Ninebot Inc. is a Beijing-headquartered Chinese maker of self-balancing two-wheeled scooters and other short-distance motorized transport devices. It is a private company registered in the Cayman Islands, founded and led by Lufeng Gao. In April 2015 it announced a strategic combination with Segway, the New Hampshire maker of the Segway personal transporter, under which Segway became a wholly-owned subsidiary while both brands kept operating under their own names. The purchase came only months after Segway had filed a patent complaint with the US International Trade Commission against Ninebot and other Chinese makers. Ninebot said it received an investment of 80 million dollars from the smartphone maker Xiaomi to finance the deal, and Wikipedia adds that Sequoia Capital also invested. The combined Segway-Ninebot portfolio now includes electric scooters, e-bikes, powersports vehicles and consumer robotics.
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Source China's Ninebot buys US scooter firm Segway (Phys.org)
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Source China's Ninebot buys US scooter firm Segway (Phys.org)Lead, headquartersQuote, Lead, headquarters
Beijing-headquartered Ninebot
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1. China's Ninebot buys US scooter firm Segway (Phys.org)
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the private Chinese company
Lead, headquarters
Beijing-headquartered Ninebot
Parent Company Of: Segway Inc., Lead, acquisition
with Segway becoming a wholly-owned subsidiary of the private Chinese company
View the Source2. Segway Inc. (Wikipedia)
Subsidiary of Ninebot, productsQuote, Subsidiary of Ninebot, products
Segway-Ninebot's product portfolio includes electric scooters, e-bikes, powersports vehicles, and consumer robotics.
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