TAIPEI, Taiwan (BRAIN) Speed Tech, an electrical connector supplier, says VanMoof Asia owes it $5,038,000. Speed Tech joins bike maker Ideal Bike, which said last week that VanMoof Asia Ltd. owes it $1.52 million.
TAICHUNG, Taiwan (BRAIN) Bike manufacturer Ideal Bike Corp. says its representative will make claims worth $1.52 million at a creditors meeting being held Monday by VanMoof Asia Ltd., a Taiwan-based business related to the Netherlands-based e-bike brand.
TAICHUNG, Taiwan - As the third in line after Giant and Merida, Ideal has also reported red figures for this year. While the bicycle manufacturer was still able to keep up its Q1 revenue at a comparably good level with a slight 1.8 % decrease, Q2 2023 saw a double-digit downshift.
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