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2021-08-16
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Growth in Bike Market in Germany
2021-08-16
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German E-commerce Bike retailer Bike24 has reported sales growth of 44% in the 1st half of 2021 when compared to 2020. Bike24 reported revenue of 127.4 million euros which was an increase in total orders of 34% from the same period in 2020.Bike24 reported that sales in Germany accounted for 58% of its revenues. Austria and Switzerland provided 10% and the rest of Europe provided 24%. Other countries providing 8%.
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