Decision Looming on Kitzuma Future

By Scott Green | 9th February 2023 |
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…

US Court Upholds Fraud Claims Against BikeExchange Subsidiary

By Scott Green | 15th December 2022 |
Ryan McMillan standing with bicycle in background

North Carolina, US A US court has upheld claims of fraud, misappropriation of trade secrets and common-law unfair competition against BikeExchange’s bike delivery service, Kitzuma. The US General Court of Justice – Superior Court Division refused submissions by Kitzuma and two of its founders to have the claims dismissed. The hearing on 30th November was…