Cycliq (ASX:CYQ) already has a significant head start as it looks to capitalise on the growing cycling revolution occurring in many regions of the world on the back of better bikes, safer equipment, better roads and state-sponsored cycling schemes.
CYQ Speeds into North America with its All in One Camera and Lighting Solution for Cyclists
Jun 13, 2017
CYQ has now expanded into Canada, establishing a direct sales agreement with Mountain Equipment Co-op (MEC), a retail cooperative which sells products directly to its membership base of about 4.3 million, as well as launching on the Amazon Canada platform.
ASX Stock Pedalling its Way to the Top in a $58BN Market
Apr 11, 2017
The safety of cyclists is of paramount importance, especially since riding a bike has slowly transitioned from a sporting pursuit to a lifestyle choice. Through this increasing prominence of pedal power, businesses in the industry have experienced booming sales.