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Business Upturn
05-07-2025
- Automotive
- Business Upturn
Niu Technologies Provides Second Quarter 2025 Sales Volume Update
By GlobeNewswire Published on July 5, 2025, 01:05 IST BEIJING, July 04, 2025 (GLOBE NEWSWIRE) — Niu Technologies ('NIU', or 'the Company') (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today provided its sales volume results for the second quarter of 2025. 2Q 2025 2Q 2024 1H 2025 1H 2024 China Market 318,719 207,552 501,784 317,667 International Markets 31,371 48,610 51,619 67,634 Total 350,090 256,162 553,403 385,301 In the second quarter of 2025, NIU sold 350,090 units, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters and e-bikes. Sales in the China and international markets were 318,719 and 31,371 units, respectively. In China, we remained focused on our key product line development strategy, enhancing existing models through continuous upgrades and refining our product portfolio. These efforts resulted in an optimized product mix that appeals to a broader range of consumers and delivers a more enjoyable riding experience. During the '618 Shopping Festival,' our high-end models secured top rankings across major e-commerce platforms, including Tmall, JD and Douyin. This strong performance further solidifies NIU's position in China's premium market, appealing to riders who value design and innovation. In the international markets, we launched a comprehensive portfolio of electric motorcycles, including off-road models. Supported by an expanded distribution network, this lineup has significantly strengthened our global market position, despite ongoing challenges in the micromobility sector due to a complex and uncertain environment. Our sales volume count disclosed above is based on the delivery from our manufacturing facility, which may vary slightly from the sales volume measured from a financial accounting and reporting point of view. NIU's sales volume represents only one measure of the company's financial performance and should not be relied upon as an indicator of quarterly financial results, which depend on a variety of factors, including revenues from accessories, spare parts and services, cost of sales, operating expenses, etc. About NIU As the world's leading provider of smart urban mobility solutions, NIU designs, manufactures and sells high-performance electric motorcycles, mopeds, bicycles, as well as kick-scooters and e-bikes. NIU has a diversified product portfolio that caters to the various demands of our users and addresses different urban travel scenarios. Currently, NIU offers two model lineups, comprising a number of different vehicle types. These include (i) the electric motorcycle, moped and bicycle series, including the NQi, MQi, UQi, FQi series and others, and (ii) the micro-mobility series, including the kick-scooter series KQi and the e-bike series BQi. NIU has adopted an omnichannel retail model, integrating the offline and online channels, to sell its products and provide services to users. For more information, please visit Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'likely to' and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as NIU's strategic and operational plans, contain forward-looking statements. NIU may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIU's beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIU's strategies; NIU's future business development, financial condition and results of operations; NIU's ability to maintain and enhance its 'NIU' brand; its ability to innovate and successfully launch new products and services; its ability to maintain and expand its offline distribution network; its ability to satisfy the mandated safety standards relating to e-scooters; its ability to secure supply of components and raw materials used in e-scooters; its ability to manufacture, launch and sell smart e-scooters meeting customer expectations; its ability to grow collaboration with operation partners; its ability to control costs associated with its operations; general economic and business conditions in China and globally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIU's filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and NIU does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: Niu Technologies E-mail: [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
04-07-2025
- Automotive
- Yahoo
Niu Technologies Provides Second Quarter 2025 Sales Volume Update
BEIJING, July 04, 2025 (GLOBE NEWSWIRE) -- Niu Technologies ('NIU', or 'the Company') (NASDAQ: NIU), the world's leading provider of smart urban mobility solutions, today provided its sales volume results for the second quarter of 2025. 2Q 2025 2Q 2024 1H 2025 1H 2024 China Market 318,719 207,552 501,784 317,667 International Markets 31,371 48,610 51,619 67,634 Total 350,090 256,162 553,403 385,301 In the second quarter of 2025, NIU sold 350,090 units, including e-motorcycles, e-mopeds, e-bicycles, kick-scooters and e-bikes. Sales in the China and international markets were 318,719 and 31,371 units, respectively. In China, we remained focused on our key product line development strategy, enhancing existing models through continuous upgrades and refining our product portfolio. These efforts resulted in an optimized product mix that appeals to a broader range of consumers and delivers a more enjoyable riding experience. During the '618 Shopping Festival,' our high-end models secured top rankings across major e-commerce platforms, including Tmall, JD and Douyin. This strong performance further solidifies NIU's position in China's premium market, appealing to riders who value design and innovation. In the international markets, we launched a comprehensive portfolio of electric motorcycles, including off-road models. Supported by an expanded distribution network, this lineup has significantly strengthened our global market position, despite ongoing challenges in the micromobility sector due to a complex and uncertain environment. Our sales volume count disclosed above is based on the delivery from our manufacturing facility, which may vary slightly from the sales volume measured from a financial accounting and reporting point of view. NIU's sales volume represents only one measure of the company's financial performance and should not be relied upon as an indicator of quarterly financial results, which depend on a variety of factors, including revenues from accessories, spare parts and services, cost of sales, operating expenses, etc. About NIU As the world's leading provider of smart urban mobility solutions, NIU designs, manufactures and sells high-performance electric motorcycles, mopeds, bicycles, as well as kick-scooters and e-bikes. NIU has a diversified product portfolio that caters to the various demands of our users and addresses different urban travel scenarios. Currently, NIU offers two model lineups, comprising a number of different vehicle types. These include (i) the electric motorcycle, moped and bicycle series, including the NQi, MQi, UQi, FQi series and others, and (ii) the micro-mobility series, including the kick-scooter series KQi and the e-bike series BQi. NIU has adopted an omnichannel retail model, integrating the offline and online channels, to sell its products and provide services to users. For more information, please visit Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'aims,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'likely to' and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as NIU's strategic and operational plans, contain forward-looking statements. NIU may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about NIU's beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIU's strategies; NIU's future business development, financial condition and results of operations; NIU's ability to maintain and enhance its 'NIU' brand; its ability to innovate and successfully launch new products and services; its ability to maintain and expand its offline distribution network; its ability to satisfy the mandated safety standards relating to e-scooters; its ability to secure supply of components and raw materials used in e-scooters; its ability to manufacture, launch and sell smart e-scooters meeting customer expectations; its ability to grow collaboration with operation partners; its ability to control costs associated with its operations; general economic and business conditions in China and globally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIU's filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and NIU does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: Niu TechnologiesE-mail: ir@ in to access your portfolio
Yahoo
30-06-2025
- Business
- Yahoo
Hands-Free Brand Kizik Is Popping Up in 9 Cities Across US With Mobile Truck Activation
Kizik is setting out across the country to spread the word about its hands-free shoes with a new retail activation. Starting on Monday, the Utah-based company is launching a 9-city mobile activation tour in what Kizik is calling a 'strategic move' as it aims to 'scale beyond pure direct-to-consumer towards omnichannel growth' and tests what retail can look like for the company. More from WWD China Insight: What the 618 Shopping Festival Says About China's Retail Landscape Me+Em to Open in Manchester Following Successful Retail Streak Silvia Tcherassi Drops Exclusive Capri Capsule Called the 'Moving Truck,' the series will offer a 24-hour-only, on-the-ground experience designed to build brand equity while collecting meaningful customer insights in real time. Kizik noted that the pop-ups will open in high-traffic locations and are 'built to drive both brand engagement and measurable growth through direct conversion and remarketing.' Each pop-up will offer guided product walk-throughs with Kizik experts, showcasing new products and best sellers for kids and adults; on-site digital data capture of customer preferences and sizes; gamified 'Hands-Free Challenge' zones that put the brand's tech to the test; and stacked discounts and email-based remarketing journeys that evolve based on customer behavior on-site. According to Kizik chief marketing officer Elizabeth Drori this pop-up series was inspired by the brand's try-on experience. 'We have what we call the 'aha' moment, which is what happens when a customer steps into a pair of Kizik shoes,' Drori told FN in an interview. 'It's this multi-sensory experience where you hear the sound of the shoe popping onto your foot, you feel the sensation of the technology sort of springing back and securing your foot into place. And it's one of those 'wow' moments where people realize how our shoes work. And so, we really want to lean into that and amplify it as a big strategy for this year, because it's really what sets us apart from the competition.' The mobile tour kicks off on Monday at Brookfield Place in New York City then it will travel to Boston on July 2. Other stops include Philadelphia on July 8, Washington, D.C. on July 10, Minneapolis on July 13, Denver on July 16, and Los Angeles on July 20. The tour will wrap up in Salt Lake City with two different stops in the area on July 23 and July 26. Drori added that after the tour is complete next month, Kizik plans to use the mobile truck for other events later this year. 'We are partnering with the Parkinson's Foundation in October where we will utilize this truck for what we are planning with the organization,' the executive noted. 'The series will be centered around the Foundation's 'Moving Day,' which is an annual fundraising walk organized to raise awareness and support for Parkinson's disease.' This new activation comes in the midst of the brand's efforts to double down on its retail strategy. Over the last several months, Kizik has opened new stores across the U.S. In an exclusive interview with FN last May, former chief executive officer Monte Deere said he planned to have a total of six stores by the end of 2024 with new openings on Newbury Street in Boston, New Jersey and Denver slated for late 2024. 'In 2025, we have several more in the pipeline,' the CEO said at the time. 'We're looking hard at Washington, D.C., Nashville, Seattle and Portland for new openings next year.' In June, the footwear brand named former Nike executive Gareth Hosford as its new CEO. Deere, who has led the company since 2019, is continuing to serve on the board of Kizik, and its parent company HandsFree Labs, where he'll advise on the company's licensing arm of the business. Best of WWD All the Retailers That Nike Left and Then Went Back Mikey Madison's Elegant Red Carpet Shoe Style [PHOTOS] Julia Fox's Sleekest and Boldest Shoe Looks Over the Years [Photos]
South China Morning Post
19-06-2025
- Business
- South China Morning Post
Alibaba and JD.com claim record participation in 618 sales event, boosted by subsidies
Advertisement More than 453 brands each surpassed 100 million yuan (US$14 million) in gross merchandise value (GMV) on Alibaba's Taobao and Tmall platforms during the weeks-long event, the company said on Thursday. The roster included global names such as Apple , Nike, Adidas, L'Oreal and Lululemon, alongside Chinese heavyweights like Midea, Haier Xiaomi and Huawei Technologies Alibaba, owner of the Post, said its buyer base grew at a double-digit pace from a year earlier, reaching an all-time high for the 618 shopping festival period. The midyear sales event typically starts in late May and runs through June 18, the date for which it is named. Alibaba's main e-commerce rival and the creator of the 618 event, said on Thursday that its transactional users doubled year on year, with 2.2 billion orders placed during the period across its online and offline channels, including its new food delivery business. Neither company disclosed total GMV for the event, continuing a trend in recent years of withholding headline sales figures, which no longer paint a rosy picture in a maturing market. China's retail sales rose 6.4 per cent in May, the fastest pace since December 2023, according to official data. A advertisement for the 618 shopping festival seen at a shopping mall in Beijing on June 14, 2022. Photo: Reuters Industry consultancy Syntun estimated total 618 sales across major platforms – including Alibaba's Taobao and Tmall, PDD Holdings' Pinduoduo ByteDance 's Douyin, and Kuaishou Technology – reached 855.6 billion yuan, up 15 per cent from 742.8 billion yuan a year earlier.
