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  • Xiaomi backed Ninebot buys Segway, Xiaomi Mi Way coming soon?

    Xiaomi backed Ninebot buys Segway, Xiaomi Mi Way coming soon?

    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.