Posts Tagged ‘BikeExchange’
BikeExchange Purchase Set to Deliver Massive Growth for Kitzuma
North Carolina, US BikeExchange Limited’s recent purchase of US-based ready-to-ride bike delivery and logistics business Kitzuma is set to bring fast and substantial growth for both organisations, according to executives from the two parties. Melbourne-headquartered BikeExchange is listed on the Australian Stock Exchange under the code BEX. The US$3.375 million ($A4.75 million) purchase, announced on December…
Ex-Amazon Executive to Guide BikeExchange Seller Success
Melbourne, Victoria Former Amazon executive Joe McArdle has been appointed as BikeExchange’s Global Head of Seller & Merchant Success, to help sellers and merchants find the right product mix and maximise their sales on the BikeExchange website. Joe held various key operational roles at Amazon in Australia and the UK, across online sales, stock and…
BikeExchange Reveals Strong Growth for 2020/21
BikeExchange is one of a very small number of Australian bicycle industry related companies that is publicly listed on the Australian Stock Exchange (ASX). This requires them to regularly publish detailed financial statements and reports outlining any significant changes to staffing, operations and any other changes that may materially impact their financial performance. As we…
BikeExchange Co-Founder Returns to New Full Time Role
Sam Salter has returned to work in the company that he co-founded with Jason Wyatt 15 years ago. He will take up the newly created role of Chief Sales and Partnerships Officer. Sam is currently a non-executive director of BikeExchange Limited, a role he’ll retain. Sam is also the co‑founder of Marketplacer, which operates a…
Popular Australian Founded Website Sold – Again…
CyclingTips was founded in Melbourne by Wade Wallace. It was a classic ‘bootstraps home business start up’ which became one of the most popular cycling websites not just in Australia but globally. It was later bought by another Melbourne based business, BikeExchange. In 2019 BikeExchange sold it to Canadian based global mountain bike site Pinkbike.…
BikeExchange Shows Strong Growth in First Financial Report
As we reported previously here, BikeExchange recently floated on the Australian Stock Exchange (ASX). It’s ASX code is BEX. As a public company, it’s now legally required to publish not only detailed financial information, but any other developments that might have a material impact upon the value of its shares. In its first announcement relating…
BikeExchange ASX Float is Underway Seeking $20 Million
Following on from our article last month in which we reported that BikeExchange appeared to be preparing to float on the Australian Stock Exchange (ASX), the initial public offering (IPO) is now underway. Bike Exchange is seeking to raise $20 million at 26 cents per share. Because they’re only offering to sell a portion of…
BikeExchange Looks Set to Float on Stock Exchange
Melbourne based international bicycle online marketplace platform BikeExchange appears to be preparing to float on the Australian Stock Exchange (ASX). The Australian Financial Review (AFR) has been running a series of articles over recent months documenting the progressive stages BikeExchange’s preparation for a stock market float. We recently reported on one of those here, the…
BikeExchange Hires ex CarSales.com CFO
BikeExchange, has appointed the former CFO of ASX listed carsales.com, Andrew Demery, to the new role of Global CFO. Following a 12-month period of rapid growth, BikeExchange has welcomed Demery to their global leadership team to play a crucial role in the company’s further expansion. BikeExchange is now an international company with operations in eight…
How BikeExchange Will Partner With You in a Post Covid-19 Future
– Sponsored Content – Welcome to the second and final part of our BikeExchange Company Feature. In Part One which you can read here, we documented BikeExchange’s remarkable growth and introduced their philosophy of making it easier for brands, distributors, retailers and consumers to buy and sell anything related to cycling. Now we will look…