All Giant Group articles

  • Giant Group Anniversary Logo

    Giant Group celebrates 50th anniversary, boasts solid results


    For Taiwan’s leading bicycle manufacturing companies Giant Manufacturing Company Ltd (Giant Global Group) and Merida Industry Co Ltd, 2022 is very special: both companies are celebrating their 50th anniversaries. On Oct. 27 – one week before the announcement of financial results for the first three sales quarters of 2022 – ...

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    ​Extension of fundraising period for Giant officially approved


    On Aug. 15, the extension of the fundraising period for Giant Manufacturing Co. Ltd.’s (Giant Group, Taiwan’s largest bicycle manufacturer) 2022 cash capital increase was officially approved by the domestic Financial Supervisory Commission. On May 26, Giant Group had already received approval from the commission for a cash capital increase ...

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    Giant Group reports historic quarterly record


    With a record-breaking second quarter under its belt, Taiwanese bicycle manufacturer Giant Manufacturing Company Limited (Giant Group) has increased its H1 sales by 7.2 percent to a total of TWD 45.01 billion (€1.47 billion). Considering the rising inflation worldwide and the war in Ukraine, this is an excellent result. In ...

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    Bicycle Stocks Q2 2022: Russia’s invasion causes market low


    After the stock market booster called hope catapulted the OIC Bicycle Stock Chart 2021 to new heights and seemed to defy all realities, the high flight ended with Russia’s invasion of Ukraine. The chart of the first quarter of 2022 already showed a steep decline, which now also continued in the second quarter.

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    Munich bike retailer Alpha Bikes parts ways with Specialized, opens Giant flagship


    Since founding Alpha Bikes in 1992, owners and CEOs Gerhard Wagner and Daniel Castro have worked hard to create an indispensable bike community in the German city of Munich. When they teamed up with Specialized in 2008, they even gave up their own brand. That was the year they opened ...

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    Giant Group reports another sales record in Q1


    For the first quarter of fiscal 2022, Taiwan’s leading bicycle manufacturer Giant Manufacturing Company Limited (Giant Group) reported a new historical quarterly record. E-bikes accounted for 26 percent of group sales. At 22.26 billion Taiwan dollars (€709.67 million), this year’s quarterly sales increased 8 percent compared to the first three ...

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    Giant Group achieves another annual record despite two-digit profit drop in Q4


    Taiwan’s leading bicycle producer Giant Group has achieved a second consecutive sales and profit record. Year on year, 2021 sales rose another 17 percent to 81.8 billion Taiwan dollars (€2.59 billion). Net profit after tax rose 19.8 percent to a record TWD 5.93 billion (€197.94 million). This positive result is ...

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    Green awareness provides greater tailwind for bike stocks in 2021


    2021 had it all: on the one hand, more lockdowns, virus variants, inflation, zero or negative interest rates, supply bottlenecks, political crises, trade and other wars, etc. On the other hand, 2021 experienced a world stock market that trudged steadily upward. This also gave our 2021 cycling stock some major ...

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    Outdoor and bike industry stocks rose by 3.0% in Q4


    Our quarterly analysis of the outdoor stock market shows a 3.0 percent sequential increase in the average stock prices of 32 public companies primarily involved in the outdoor and bicycle sectors between Sept. 30 and Dec. 31, 2021. This came after increases for most of the same companies of 18.9 ...

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    Less growth for Giant Group in Q3


    With strong global demand for bicycles and e-bikes, Taiwan-based bicycle manufacturer Giant Manufacturing Company Ltd reports that its global production facilities are fully loaded with orders, supporting the company’s revenue and profit growth. For the first three quarters of fiscal 2021, the company reported record sales of 61.94 billion Taiwan ...

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    Giant with strong H1 figures, production to be expanded with factory in Vietnam


    Despite supply bottlenecks, container shortages and unfavorable exchange rates, Taiwan’s leading bicycle manufacturer Giant Group reported total consolidated sales of 41.99 billion Taiwan dollars (€1.28bn-$1.51bn) in the first half of fiscal 2021, thanks to unabated demand. Compared to the first six months of the previous year, this is an increase ...

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    News briefs

    Giant Group boosts sales and profit to record levels thanks to e-bikes


    Continued strong global market demand for bicycles and e-bikes has brought Taiwan’s largest bicycle manufacturer Giant Group both record revenue and record profit in the first sales quarter of the current fiscal year 2021. While quarterly sales grew at double-digit rates compared to the first three months of last ...

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    Giant Group sets further sales and profit records in 2020


    For fiscal 2020, Taiwan’s largest bicycle manufacturer, Giant Group , reports total sales of New Taiwan Dollars 70.01 billion (€2.08bn-$2.45bn). This is an increase of 10.3 percent compared to the previous year. Rising global demand for both traditional and e-bikes also led to record profits. At TWD 4.95 billion (€147.29m-$173.43m), ...

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    Liv Cycling unveils second global brand campaign “Liv Committed”


    Liv Cycling , the company dedicated to getting more women on bikes, has launched the second part of its global brand campaign, “ Liv Committed .” The campaign primarily celebrates the resilience shown by the cycling community over the past year. The campaign hero film was created with inspiration directly ...

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    Liv Cycling strengthens its commitment to women in professional cycling


    Liv Cycling , a U.S.-based company committed to getting more women on bikes, has expanded Liv Racing and its 2021 squad, officially welcoming Linda Indergand (SUI), Sarah Hill (RSA) and Dani Johnson (USA) to the team. This news follows Liv’s recent announcement as the exclusive ...

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    Giant benefits from the cycling boom


    The Giant Group posted revenues of $33 billion Taiwan dollars (€1.0bn-$1.1bn) for the first six months of this year, representing a 7.5 percent increase as compared to the first half of 2019. Sales were boosted by increased global demand for bicycles following the coronavirus lockdown period, as many consumers ...

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    Liv Cycling campaign underlines commitment to parity for women in cycling (Video)


    Liv Cycling , a company founded in 2008 by Giant executive Bonnie Tu as part of the Giant Group company and dedicated to getting more women on bikes, has introduced Liv Committed, a global brand campaign reaffirming its commitment to women in cycling. The campaign highlights the ways Liv ...