Issued on 19 Nov 20
Strong demand for bikes triggered by the epidemic situation getting worse & many countries are "Lock-down" again in Europe and U.S.
According to Alibaba Int'l station Info. The actual GMV (Gross Merchandising volume) of the bicycle industry has increased by more than 100% for 6 consecutive months.
Orders in October increased by 220% year-on-year, and bicycle exports continued to grow in the third quarter.
How supply chains and logistics provider position and get to do.