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Chinese robot transport startup enters 'last mile' delivery race

Segway-Ninebot readies for IPO after successful roll out of autonomous vehicles

The company's Segway X1 delivery robot is equipped with an autonomous navigation system for use outdoors. (Photo courtesy of Segway-Ninebot)

BEIJING -- The explosive growth of e-commerce and food delivery services has challenged the global logistics industry to trim costs, especially over the final leg of shipments, commonly referred to as the "last mile."

Chinese startup and IPO hopeful Segway-Ninebot thinks it has the solution: autonomous delivery robots.

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