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Alibaba international station data show that the bicycle industry for six consecutive months received turnover (Gmv) more than 100% growth. Orders in October were 220% higher than last year. Among them, the United States, the United Kingdom, Australia, Canada, Germany, Mexico, France, the Netherlands, Peru and the Philippines were among the top 10 in terms of transaction volume.
Tianjin yiluda bicycle related person in charge said that the order volume of bicycles from June to September 2020 increased 10 times compared with the same period last year, and the transaction volume was more than 13 times of the same period last year. It is estimated that the turnover will reach 50 million yuan in 2020, and the orders received in November will be arranged in April next year. The company does not dare to process bicycles intermittently. The workers work overtime to more than 10 o'clock every night and look for other factories to process bicycles.
The share price of A-share bicycle related companies is also reflected.
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