Jo Beckendorff

FRIEDRICHSHAFEN, Germany - Lightweight product maker Carbovation GmbH has acquired German lightweight component specialist Tune GmbH. No details of the purchase price have been disclosed.

FRANKFURT, Germany - Porsche AG bundled its e-bike drivetrain activities under the umbrella of Porsche eBike Performance GmbH, which it founded in 2022. This includes the recently acquired brands Greyp and Fazua. The latter is celebrating its tenth anniversary this year, which is why the Eurobike presentation in Frankfurt was all about the lightweight e-MTB pioneer. However, the e-bike ambitions of the German company go beyond this. What can we expect from Porsche in the coming years?

BERLIN, Germany - Bicycle, outdoor and team sports e-commerce vendor Signa Sports United reports a year-on-year 23.5% sales-drop down to €195 million in the second quarter of 2022/2023, which ended on March 31, 2023. The WiggleCRC, Bikester, Fahrrad.de and Probikeshop owner was still able to cope with the loss thanks to better results in the first sales quarter of fiscal year 2022/2023.

JINAČOVICE, Czech Republic - The distribution of Pon's premium US bicycle brands Cannondale and GT Bicycles in Central- and Eastern-Europe has been taken up by Aspire Sports S.R.O. "The partnership with Aspire Sports will allow us to leverage the Czechs' expertise in this part of Europe to increase the presence of the brands and expand into new territories," emphasises Cannondale and GT Vice President of Int'l Distributor Sales & Marketing Seth Brosnan.

MUNICH, Germany - The German branch of retail giant Sport 2000 GmbH announced that it integrate the product category bicycles more prominently in its outdoor offering. The concept will be offered to retailers in the five countries where Sport 2000 GmbH operates: Belgium, Germany, Luxembourg, the Netherlands, Switzerland.

TAICHUNG, Taiwan - In its first sales quarter of 2023 Taiwan's third-largest bicycle producer Ideal Bike Corporation brought in total sales of TWD 1.11 billion (€33.46 million). This is a slight decrease of 1.8%, compared to the first three months of last year. However, losses were also incurred on these sales.

DACUN TOWNSHIP, Taiwan - In this year's first sales quarter Taiwan's second-largest bicycle manufacturer Merida Industry Co. Ltd. brought in total consolidated sales of TWD 8.39 billion (€252.93 million), a slight 2.8% increase compared to 2022.

TOKYO, Japan - The bicycle market figures for 2022 presented by the Japan Bicycle Promotion Institute (JPBI) showed that the pandemic played a completely different role on the Japanese bicycle market than in the western world. Bike Europe tried to find out why the virus didn't lead to a sales boom as it did in Europe.

KEMPTEN, Germany - Starting just five years ago with an online market place for buying and selling second-hand premium e-bikes, today's business of e-mobility provider Rebike Mobility GmbH's consists of two strong pillars: subscription (which was expanded this year to a B2B business for rental fleets) and used-bikes. But the heart of all this is - refurbishment. Refurbishment is predicted to go big.

TAIPEI, Taiwan - A proposed investment in Stages Cycling by Giant has stalled. "The company and counterparties were unable to reach a mutual consensus on the terms of the definitive agreements," a statement announced.