Ninebot Acquires Segway

April 15, 2015

Ninebot Acquires Segway

So this happened: A Xiaomi-backed Chinese firm (aka Ninebot) just bought Segway

What's more Chinese smartphone maker Xiaomi Inc and venture capital firm Sequoia Capital China, among others, invested $80 million into Ninebot to help finance the acquisition!

Read more: http://www.businessinsider.com/r-chinas-ninebot-80-million-in-investment-from-xiaomi-sequoia-2015-4





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