Lime's third-quarter revenue rose 20% year-on-year to USD 361 million (EUR 321 million). That takes trailing twelve-month revenue at the US shared micromobility operator above USD 1 billion (EUR 888 million) for the first time. Net income rose 41% to USD 44 million.
Historic Italian bicycle manufacturer Bianchi has entered a formal debt restructuring process in a bid to secure its future following years of financial losses and operational challenges.
The Netherlands Enterprise Agency (RVO) says the Dutch cycling sector should export its expertise as well as its bikes. In its report 'The Netherlands as a Cycling Nation', RVO sees the largest potential in consultancy, governance, digital services and urban projects, on top of EUR 1.7 billion in hardware exports.
Singapore-based Dutech Holdings has acquired Winora Staiger GmbH, the German company behind the Winora and Haibike brands, from insolvent Accell Germany. Its newly formed subsidiary Bike Tree GmbH continues the business in Sennfeld with 87 of the 187 employees.
This october at Roc d'Azur, carbon-composite specialist Workshape unveiled a bicycle brand: Obscur. The newly established French company worked for four years on its first bike, which aims to drastically improve the e-MTB riding experience.
Japanese component maker Shimano has raised its full-year operating income forecast for bicycle components by 10%, from JPY 39.0 billion to JPY 42.9 billion (EUR 244 million). Bicycle component sales rose 4.6% to JPY 278.4 billion (EUR 1.59 billion) in the first nine months of 2026, but fell 0.5% excluding currency effects.
