Chinese electric scooter startup Niu raises $63m in downsized US IPO Photo: Bloomberg Crystal Tse October 19, 2018 PremiumNiu Technologies, the Chinese maker of smart electric scooters, raised $63 million after downsizing its U.S. initial public offering. Continue reading this story with a subscription to DealStreetAsia. Subscribe Already a subscriber? Log in Should your colleagues be reading this article too? Contact us for corporate subscriptions at firstname.lastname@example.org.