FAST NEWS: Niu ends revenue slump, but international sales vary
The latest: Electric scooter maker Niu Technologies (NIU.US) announced Monday its revenue for the second quarter of this year rose 0.1% year-on-year to 829 million yuan ($114 million), ending four consecutive…
Luyuan looks for IPO cash to scoot into Southeast Asia
Sales have been accelerating at the Chinese maker of electric motorcycles and mopeds, despite China’s pandemic lockdowns Key Takeaways: Luyuan Group has re-applied to list on the Hong Kong Stock…
Niu zapped by ‘perfect storm’ of factors in fourth quarter
Lockdowns in China clobbered the leading electric scooter maker, which also suffered overseas as shared scooter services put the brakes on new purchases Key Takeaways: Niu Technologies recorded its third…
Investors Go Bearish as Niu Technologies Reports First-Ever Sales Decline
Leading Chinese electric scooter maker’s sales fell 17% in the second quarter, as its home market tumbled due to Covid lockdowns Key Takeaways: Niu Technologies sold 17% less electric scooters…
FAST NEWS: Niu’s First-Quarter Sales Zoom Overseas, But Sputter in China on Covid Disruptions
The latest: Niu Technologies (NIU.US) said sales of its electric scooters rose 9.4% in the first quarter of this year to 163,659 units. Looking Up: The company’s international sales nearly…
Rising Costs, Growing Competition Skewer Shrinking Niu Technologies
Company logs fourth-quarter profit drop as margins get squeezed by surging lithium battery costs and lower prices for its electric scooters Key Takeaways: Electric scooter maker Niu Technologies’ profit fell…
Niu Passes 1 Million Scooter Milestone on Surging Overseas Sales
Electric scooter maker’s international sales more than double in the fourth quarter, even as its domestic growth slowed sharply amid rising competition Key takeaways: Niu Technologies’ domestic sales growth slowed…
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