Decision Looming on Kitzuma Future

Person loading bicycle into delivery van

Melbourne, Victoria Online retailer BikeExchange has foreshadowed it will soon make an announcement on Kitzuma, the US bicycle delivery service it purchased in December 2022 in the hope their synergies would deliver rapid growth for both organisations. However, BikeExchange (BEX) executive have stated Kitzuma has been “burning a lot of cash” at a time when…

BikesOnline Bringing Thok to Australia

Thok ebike with Sydney Harbour backdrop

Alba, Italy A new player in the Italian e-bike sector, Thok, is collaborating with Sydney-based online retailer BikesOnline to make the brand available in this country. The e-bike specialist has experienced rapid sales growth since its debut in Europe five years ago, with aggressive designs inspired by motorsport. The company reported selling 60% more bikes…