Ninebot, an intelligent short-distance transportation company recently announced that they had acquired Segway with $80 million Series A financing from investors that included Xiaomi Technology, Sequoia Capital and Shunwei Foundation. This means that asides from smartphones, power banks, power strips, smart air filters and more, Xiaomi could soon have Segway-like personal transportation devices in their arsenal as well. No news on exact pricing or a specific Malaysia release date, but it should be as affordable as their other device offerings. We look forward to seeing more of such devices coming to Malaysia.
“This strategic alliance is a milestone for Ninebot and Segway. After establishing the alliance, the company will widely apply a series of technologies into its future products, covering electric driving, mobile internet and man-machine interaction. This combination creates great opportunities for the development of the short-distance transportation industry. We believe that this alliance will promote the short-distance transportation industry to develop and grow on the intelligent mobile robot platform. The alliance of our well-known brands will provide more convenient and environmentally-friendly travelling solutions for customers.” Gao Lufeng, Ninebot founder and CEO
“In the past few years, intelligent hardware has rapidly developed in our increasingly connected world. The strategic alliance with Ninebot will enable us to provide more intelligent and valuable products for our customers. We are fully confident about our future.” Rod Keller, Segway President
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