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𝐒𝐭𝐫𝐨𝐧𝐠 𝐓𝐚𝐢𝐰𝐚𝐧 𝐝𝐨𝐥𝐥𝐚𝐫 𝐢𝐦𝐩𝐚𝐜𝐭𝐬 𝐩𝐫𝐨𝐟𝐢𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐟𝐨𝐫 𝐌𝐞𝐫𝐢𝐝𝐚 𝐚𝐧𝐝 𝐈𝐝𝐞𝐚𝐥
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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