Press releases
13. September 2022
BIKE24 opens first Service Point in Berlin
The BIKE24 Service Point in Berlin is now officially launching with an opening event on 17 September 2022. This means that the e-commerce bike platform now has a clear instore contact point in the German city of cyclists. Located in the centre near to the Humboldthafen, the store offers bike enthusiasts among other things the opportunity to get advice on their choice of bike with the help of a special measuring method or to bring in their bike for repairs. A bike wash, engaging do-it-yourself workshops, a road bike ride, a raffle with 500 prizes and much more await visitors on the opening day.
Read more28. June 2022
Switch to bike now with BIKE24
In times of extreme fuel costs and impending climate change, the bicycle is becoming a real alternative to the car for more and more people. Among others, for those who rather cover short distances in everyday life, the switch is very attractive. BIKE24 supports all those who increasingly rely on cost-effective and sustainable mobility on two wheels. With a constantly expanding range of complete bikes and accessories, as well as many years of experience, the online store has been a popular place for numerous bike enthusiasts to shop for everything to do with bicycles for years.
Read more16. March 2022
BIKE24 image campaign: No compromise when it comes to cycling
‘Less compromise – more …’ is the headline of BIKE24's first omnichannel image campaign. The leading e-commerce bike platform is thus positioning itself as the cycling brand that allows its customers to spend more time cycling by providing the best possible service. The company is present through the campaign themes and clips on various social media channels as well as in print media and on billboards.
Read more20. January 2022
BIKE24 launches webshop in France and Italy
From now on, even more bike enthusiasts in Europe will be able to shop easily at BIKE24 in their own language. The leading bicycle e-commerce platform is now also represented in France and Italy with its own country-specific sites. This makes BIKE24 the one-stop-shop for online bicycle shopping in two more cycling-loving countries in Southern Europe.
Read more11. November 2021
BIKE24 continues its profitable growth course: Sales up 30.6 percent after nine months, adjusted EBITDA margin at 13.6 percent
Dynamic growth and high profitability continue to characterise BIKE24's performance. The European e-commerce platform has thus successfully concluded the first nine months of the 2021 financial year: With revenues of EUR 191.7 million during the reporting period, BIKE24 almost reached the level of the entire 2020 financial year after just nine months. Compared to the first nine months of 2020, this corresponds to an increase of 30.6%. Along with the strong business in the German core market, the successful development of the international online shops also made an important contribution to this development. Furthermore, BIKE24 reached two important milestones of its growth strategy by signing a lease agreement for the new Southern European logistics centre and successfully relaunching its webshop last week.
Read more08. November 2021
BIKE24 webshop offers even more exciting shopping experience after relaunch
Shopping at BIKE24 is now more attractive than ever for bike enthusiasts: The webshop of the e-commerce platform for bicycles, which is one of the sector’s leading players in Continental Europe, has been relaunched with a fresh look, improved navigation and optimized checkout. The result is an even more exciting customer experience for existing and new customers in the booming European bicycle market.
Read more11. August 2021
BIKE24 with strong half-year results after IPO: Sales increase by 44%, adjusted EBITDA improves by 83% to EUR 18.9 million
All signs are once again pointing to growth for BIKE24 in the first half of 2021. The continuing high demand for equipment, spare parts, clothing and bikes meant a 44 percent increase in sales in the first six months of the year compared to the same period 2020 for the e-commerce platform. After a successful IPO, which provided Bike24 Holding AG with fresh capital, the company is now continuing to advance its expansion plans in Southern Europe. Management has made an initial preselection in the company’s search for a suitable warehouse location in Spain. In addition, the team is currently working at full speed on the relaunch of its online shop, which is scheduled to go live in autumn 2021.
Read more31. May 2021
BIKE24 advances expansion in southern Europe
After the successful launch of its online shop for the Spanish market last summer, BIKE24 has now founded a subsidiary in Spain. In addition, the company is planning to soon set up a logistics centre in the Barcelona area to increase the supply to Spanish and other southern European customers. The e-commerce platform for cycling, which is one of the leaders in continental Europe, is thereby pushing ahead with its expansion in the promising southern European markets. In addition to its presence in Spain, it is currently preparing country-specific online shops for France and Italy.
Read more17. May 2021
BIKE24 gets 2021 off to a strong start after record year 2020
More and more people in Europe are getting on their bikes. The desire to get from A to B with low emissions is an important reason for this development. BIKE24 has been part of the trend towards green mobility since the company’s founding. Because with every saddle, helmet or bike sold, the company encourages its customers to use their bikes more frequently. Now biking enthusiasts are also getting support from politicians: In order to make Germany a "bicycle country", the federal government plans to invest 1.46 billion euros in projects that include cycle paths and parking garages for bicycles over the coming years.
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