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Niu Technologies Sold 137,476 In Q4, Down 0.6% YoY; International Sales Network Expanded To 56 Distributors Covering 54 Countries As Of December 31, 2023

Author: Benzinga Newsdesk | March 18, 2024 03:07am

Fourth Quarter 2023 Operating Highlights

  • The number of e-scooters sold was 137,476, down 0.6% year over year
  • The number of e-scooters sold in China was 110,454, down 6.4% year over year
  • The number of e-scooters sold in the international markets was 27,022, up 33.7% year over year
  • The number of franchised stores in China was 2,856 as of December 31, 2023
  • International sales network expanded to 56 distributors covering 54 countries as of December 31, 2023

Posted In: NIU


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