Deal focus: Ninebot's innovation keeps it rolling
China's legendary traffic jams are a source of frustration to countless tourists and locals, not to mention a major cause of pollution. With studies putting the average speed of traffic in Beijing at 7.5 miles per hour, there is a clear opportunity for a company that can bring commuters relief.
Scooter maker Ninebot aims to fill that need. The company, which is best known for its two-wheeled, self-balancing personal transport vehicles for one person, recently raised an $80 million Seri...
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