Niu, Chinese electric scooter startup, in talks to raise $300m in US IPO

Niu, Chinese electric scooter startup, in talks to raise $300m in US IPO

A person rides a Bird Rides Inc. shared electric scooter in San Francisco, California, U.S., on Friday, April 13, 2018. Photographer: Bloomberg/Bloomberg

Niu, the Chinese company that sells so-called smart electric scooters in 27 countries, is pursuing an initial public offering that could raise about $300 million, according to people with knowledge of the matter.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter