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Merida Industries and Ideal Bike have reported first-half losses, attributing this to the strengthening Taiwan dollar against global currencies. The exchange rate challenges have also affected other major players like Giant and Shimano. As the micromobility sector evolves, these financial pressures highlight the need for strategic adjustments in production and pricing.
Lior Bazak - Founder and CEO of Green Speedy
#GreenSpeedy #micromobility #urban-mobility #cargo-bikes #ebike
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