Read on Twitter
Ninebot is raising $293 million via their IPO.
Ninebot submitted registration documents on 21st June and is waiting for the results.
Here is a quick snapshot of their filing last year. https://prabinjoel.com/2020/04/25/how-much-did-bird-and-lime-pay-for-their-scooters-segway-ninebot-ipo-facts/
Ninebot submitted registration documents on 21st June and is waiting for the results.
Here is a quick snapshot of their filing last year. https://prabinjoel.com/2020/04/25/how-much-did-bird-and-lime-pay-for-their-scooters-segway-ninebot-ipo-facts/
Unit cost of Segway Model Max in 2019 was ~$114.6, down from $175.09 in 2018 (I assume this is for ES4)
Spin paid $20.9 million to Ninebot in 2019.
In 2019, Spin (3.18%), Grin (2.8%) and Lyft (2.55%) were among the top 5 customers of Ninebot.
@BirdRide and @limebike dropped out.
In 2018, Bird (9.65%), Lime (6.18%) and Grin (2.34%).
In 2019, Spin (3.18%), Grin (2.8%) and Lyft (2.55%) were among the top 5 customers of Ninebot.
@BirdRide and @limebike dropped out.
In 2018, Bird (9.65%), Lime (6.18%) and Grin (2.34%).
Here is what others paid to Ninebot in 2019:
Grin: $18.4 million
@amazon: $17 million
@lyft:$16.7 million
@voitechnology: $16.4 million
@uber (JUMP): $13.9 million
Interesting that Amazon spent $17m on Ninebot vehicles..
All this is nothing vs $58.8m Bird paid in 2018
Grin: $18.4 million
@amazon: $17 million
@lyft:$16.7 million
@voitechnology: $16.4 million
@uber (JUMP): $13.9 million
Interesting that Amazon spent $17m on Ninebot vehicles..
All this is nothing vs $58.8m Bird paid in 2018
How well did MM cos negotiate unit price for their scooters in 2019?
SPIN: $422.48
Grin: $252.57
Lyft: $466.9
Voi: $347.8
Note that these must be a mix of ES4's and Model MAX, except for Grin
Did Ninebot disclose too much for the sake of their IPO?
SPIN: $422.48
Grin: $252.57
Lyft: $466.9
Voi: $347.8
Note that these must be a mix of ES4's and Model MAX, except for Grin
Did Ninebot disclose too much for the sake of their IPO?
