Posts Tagged ‘Indoor Cycling’
Giant Jumps into Indoor Market with Stages Purchase
Portland, Oregon Giant Group has escalated its presence in the indoor cycling market by investing heavily in one of the leaders in the sector in North America, Stages Cycling Inc. Taiwan-based Giant announced a US$20 million (A$29 million) investment in Stages, including buying 32.5% of the company’s ordinary shares. A statement from Giant says the…
UCI Announces World Championships for Indoor Cycling
The Union Cycliste Internationale (UCI) recently announced that it had signed a Memorandum of Understanding (MoU) with Zwift, the global online training and racing platform for athletes, for the governance and development of cycling esports as a new cycling discipline. The inaugural UCI Cycling Esports World Championships in 2020, as well as qualification events for…