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The e-bike sales now account for a whopping 35 % of Giant Group’s sales. – Photo Giant Group

Giant reports: China compensates for bike slump in the Europe and US

TAICHUNG, Taiwan - In the first half of 2023 Taiwan's leading bicycle producer Giant Group generated a total consolidated revenue of TW$ 42.58...

D.Mag is specialist in aluminum and magnesium alloy materials and components but also runs a large scale bicycle hub assembly operation. – Photo D.Mag

IPO for Giant Group subsidiary in Shanghai rejected

SHANGHAI, China - On 16 June 2022 Giant Manufacturing Co., Ltd. filed an application for listing and trading of its China subsidiary D.Mag (Kunshan)...

Negotiations between Giant Group and Stages Cycling have now been terminated. – Photo Jo Beckendorff

Giant Group and Stages Cycling fail to reach mutual consensus

TAIPEI, Taiwan - A proposed investment in Stages Cycling by Giant has stalled. “The company and counterparties were unable to reach a mutual...

A cold European spring has caused a late season start for Giant’s major market. – Photo Giant Group

Giant Group’s Q1 results decline due to high inventory levels

TAICHUNG, Taiwan - Inventory reductions in the European and North American markets as well as the higher year-on-year comparison base, have had a...

On the back of 2022 results Giant Group declares that the demand for e-bikes remains solid in the medium to long term. – Photo Shutterstock

12.5% growth for Giant Group in 2022; outlook remains solid

TAICHING, Taiwan - Taiwan's leading bicycle producer Giant Group saw its fiscal 2022 sales jump by a double-digit 12.5% year-on-year to TW$ 92.04...

Giant’s investments in the US indoor cycling specialist became known through filings on the TWSE. – Photo Jo Beckendorff

Giant Group takes minority stake in Stages Cycling

TAIPEI, Taiwan – Two filings from bicycle producer Giant Manufacturing Company Ltd., ran over the ticker of the Taiwan Stock Exchange (TWSE) on 20th...

2022 comes to an unnerving close for the bike industry

2022 comes to an unnerving close for the bike industry

ZEIST, The Netherlands - 2022 continued on a high for e-bike and bicycle manufacturers and retailers as the pandemic continued to push demand. But as...

For the first time Giant requested its suppliers to extend their invoicing periods. – Photo Bike Europe

Giant's inventory problem raises an industry-wide problem

TAICHUNG, Taiwan - It was not supposed to be discussed in public, but the letter Giant sent to its suppliers asking for payment postponement was...

Sustainable moves: Bonnie Tu on sustainability goals of Taiwan industry

Sustainable moves: Bonnie Tu on sustainability goals of Taiwan...

TAICHUNG, Taiwan - Giant took the lead to get Taiwan's industry ready for the future and initiated the Bicycle Alliance for Sustainability. The...

Giant recognises that market demand has cooled down compared to the past 2 years but remains optimistic. - Photo Giant

Giant Group continues to grow in Q3 despite challenges

TAICHUNG, Taiwan - Giant Group's net sales reached NT$70.8 billion (€2.2 billion) in the first three fiscal quarters of 2022, a 14.5% increase over...