European Commission deadlines on its anti-dumping proceedings on imports of electric bicycles originating in the People’s Republic of China draw close..
Shimano has released its Q3 2017 financial results which show that global net sales of the company's bicycle division products grew slightly by 1.8% to 196 billion yen (approx. US$1.7 billion) in the first nine-months of 2017..
The EBMA lodged the complaint alleging dumping of e-bikes by Chinese companies which they say are flooding the market at prices sometimes below the cost of production with the help of unfair subsidies...
Merida has released its financial statement for the first half of 2107. While total sales revenue for the entire group was down by 7% YOY at NT$12,129 million (approx. US$ 400 million), profits nosedived by nearly 50% YOY to NT$447.32 million (approx. US$ 14.76 million)...