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)...

Shimano has announced that its bicycle segment net sales declined by 2.7% in the first half of this year, while operating income decreased by 11.5%...