About Segway-Ninebot
Segway-Ninebot is a publicly listed company based in Beijing (China) founded in 2012 by Ye Wang and Gao Lufeng. Multi-category electric vehicles and robots are manufactured by Segway-Ninebot. Segway-Ninebot has raised $240 million across 3 funding rounds from investors including Xiaomi, China Mobile and SDIC Innovation. The company has 118 employees. Segway-Ninebot has completed 1 acquisition, including Segway. Segway-Ninebot was last valued at $1 billion in October 2017. Its website ninebot.com draws about 419 thousand monthly visits. Its focus areas include Energy Tech, Electric Vehicles, Automaker and Multi Category Vehicles. Its competitors include NIO, Beijing Che Lixing Information Technology and WM Motor; 3 of its 3 listed competitors have raised funding.
Company details
Segway-Ninebot was founded in 2012 and is headquartered in Beijing, China. Operations focus on the electric vehicle sector, where various models such as scooters, kick-scooters, bicycles, and all-terrain vehicles are produced. AI and IoT-enabled robots for commercial applications, including delivery services, are also developed. The company serves global markets through its domain, ninebot.com, emphasizing practical mobility solutions.
- Headquarters Beijing, China
- Employees 118
- Founders Ye Wang, Gao Lufeng
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Website category Computers Electronics and Technology · Consumer Electronics
- Email••••••••
- Phone•••• ••••
- Website ninebot.com
- Social LinkedIn X
- Legal Name Ninebot Limited
- Annual Revenue$3.03 B (USD)49.77as on Dec 31, 2025
- Net Profit$251.39 M (USD)62.17as on Dec 31, 2025
- EBITDA$294.24 M (USD)49.77as on Dec 31, 2025
- Total Equity Funding$240M (USD)
in 3 rounds
- Latest Funding Round$100M (USD), Series C
Oct 2017
- InvestorsXiaomi
& 7 more
- Employee Count118
- Investments & Acquisitions
Funding Insights of Segway-Ninebot
Segway-Ninebot has successfully raised a total of $240M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in October 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $240M
- Total Rounds 3
- Last Round Series C — $100M
- First Round $80M
(Apr 2015)
- Investors Count 8
All 3 funding rounds of Segway-Ninebot with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2017 | $100M | Series C | $1B | SDIC Innovation | |
| Sep 2015 | $60M | Series C | – | Intel Capital | – |
| Apr 2015 | $80M | Series C | – | Xiaomi, Sequoia Capital China |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2017 | $1B | •••••••• |
Last known valuation $1B (Oct 2017). 8 investors in total: 8 institutional.
Investors in Segway-Ninebot
Segway-Ninebot has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Xiaomi, China Mobile and SDIC Innovation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm investing in multiple sectors | sdicfund.com | Xicheng, China | ||
Investment in technology startups focusing on compute, AI, and related innovations. | intelcapital.com | |||
Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors | shunwei.com | Beijing, China | ||
Growth stage tech focused VC firm funding companies in the US and China | westsummitcap.com | Menlo Park, United States | ||
Provider of early stage venture capital focused on technology companies | nlvc.com | Menlo Park, United States | ||
Voice and data services are provided to mobile subscribers. | 1997 | chinamobileltd.com | Hong Kong, China | |
Multi-category consumer electronics are offered through an internet-first model. | 2010 | mi.com | Beijing, China | |
Venture capital firm focused on early-stage investments | sequoiacap.cn | Beijing, China |
Investor details for Segway-Ninebot
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People of Segway-Ninebot
15 people are tracked at Segway-Ninebot (7 in leadership, 8 in team); the tracked headcount is 118.
| Name | Role | Group |
|---|---|---|
Ye Wang | Founder | Leadership |
Gao Lufeng | Founder | Leadership |
Jane Sun | Head of Product and Project, Commercial Robotics BU | Leadership |
Lisa Liu | Product Director | Leadership |
Brian L. | Vice President | Leadership |
John Peng | APAC General Manager | Leadership |
Xin (Alan) Zhao | General Manager of Sharing Business Division | Leadership |
jiajuan mei | Sales of Sharing Business Division | Team |
Aamir Atta Khan | Overseas Project Manager | Team |
Tao Lin | Industrial Designer | Team |
Jing Z. | GTM总监 | Team |
Lu Jianwei | Senior Manager/Senior Software Engineer | Team |
Rachel Zhang | Supply Chain Manager | Team |
Ryan Yu | Finance Manager | Team |
Yanzhong Wang | West Europe Regional Manager | Team |
Complete people profiles for Segway-Ninebot
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IPO & Listings of Segway-Ninebot
Segway-Ninebot is a publicly listed company on the SSE with ticker symbol 689009 in China, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date29 Oct 2020
- Listed onSSE: 689009
- Listed entityNINEBOT LIMITED
- Exchange sectorUtilities
- ISINCNE100007788
- Share price37.40 CNY (+1.05% on the day) · 2026-10-14
- Market capitalisation25,636,789,926.00 CNY
- Price to earnings17.4
- EPS (diluted, trailing year)2.15 CNY
- Dividend yield4.44%
- Volume (last session)7,045,520
Financials of Segway-Ninebot
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 21.19B CNY | 1.76B CNY | 2.06B CNY |
| 2024 | 14.15B CNY | 1.08B CNY | 1.37B CNY |
| 2023 | 10.18B CNY | 598.0M CNY | 523.1M CNY |
| 2022 | 10.10B CNY | 451.3M CNY | 497.0M CNY |
| 2021 | 9.12B CNY | 410.6M CNY | 553.8M CNY |
Detailed financial statements for Segway-Ninebot
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Investments & Acquisitions by Segway-Ninebot
Segway-Ninebot has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Segway.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Multi-category electric vehicles are manufactured for diverse applications. | segway.com | Bedford, United States | 1999 | Apr 2015 | $80M |
Complete acquisition details for Segway-Ninebot
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Timeline of Segway-Ninebot
6 dated milestones of Segway-Ninebot across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Segway-Ninebot is founded.
- Funding First funding round of $80.0M.
- Acquisition Acquires Segway.
- Funding Latest funding round, Series C, of $100.0M.
- Milestone Reaches Unicorn status.
- IPO Lists on the stock exchange (IPO).
Competitors of Segway-Ninebot
Segway-Ninebot has 3 listed competitors in our database, 3 of them funded. They include NIO, Beijing Che Lixing Information Technology and WM Motor.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nio.com | 2014 | Shanghai, China | $1.1B | 38,820 | AI-enabled electric vehicles and battery-swapping systems are developed by NIO. | |
| lixiang.com | 2015 | Beijing, China | $1.58B | 6,726 | Electric SUVs are manufactured in Beijing, China. | |
| wm-motor.com | 2015 | Shanghai, China | $4.62B | Electric vehicles including SUVs and sedans are manufactured and sold. |
Detailed competitors of Segway-Ninebot
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Web traffic of Segway-Ninebot
The website of Segway-Ninebot (ninebot.com) receives about 418.9K visits a month and ranks #121,569 among all websites worldwide, #1,081 in Consumer Electronics.
- Monthly visits418.9K
▲ 2.8% vs previous month
- Unique visitors183.7K
per month
- Global rank#121,569
among all websites
- Category rank#1,081
Computers Electronics and Technology · Consumer Electronics
- Bounce rate40%
- Pages per visit2.5
- Average visit1 min 38 sec
- DevicesDesktop 28% · Mobile 72%
Websites whose visitors overlap most with Segway-Ninebot. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| niu.com | 100% | 317.8K | #149,071 | View details | |
mkprokat.ru | mkprokat.ru | 86% | #10,234,820 | – | |
segwave.ru | segwave.ru | 82% | #843,364 | – | |
roboter-forum.com | roboter-forum.com | 82% | #225,794 | – | |
| mi.com | 80% | 52.6M | #793 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Segway-Ninebot
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Related news about Segway-Ninebot
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Frequently Asked Questions about Segway-Ninebot
Segway-Ninebot was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Segway-Ninebot is headquartered in Beijing, China. It is registered at Beijing, Beijing, China.
Segway-Ninebot is a funded company, having raised a total of $240M across 3 funding rounds to date. The company's 1st funding round was a Series C of $80M, raised on Apr 2015.
Segway-Ninebot has 118 employees.
Annual revenue of Segway-Ninebot is $3.03B as on Dec 31, 2025.
Segway-Ninebot was founded in 2012 and is headquartered in Beijing, China. Operations focus on the electric vehicle sector, where various models such as scooters, kick-scooters, bicycles, and all-terrain vehicles are produced. AI and IoT-enabled robots for commercial applications, including delivery services, are also developed. The company serves global markets through its domain, ninebot.com, emphasizing practical mobility solutions.
Segway-Ninebot's top competitors include Beijing Che Lixing Information Technology, NIO and WM Motor.
Yes, Segway-Ninebot is publicly traded on SSE under the ticker symbol 689009.
Segway-Ninebot has made 1 acquisition, including Segway.
Segway-Ninebot has 8 investors. Key investors include Xiaomi, China Mobile, SDIC Innovation, Intel Capital, and Shunwei Capital.
The valuation of Segway-Ninebot is $1B as of Oct 2017.
The website of Segway-Ninebot receives about 419 thousand visits a month and ranks #121,569 among all websites worldwide.