this post was submitted on 16 Mar 2025
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micromobility - Bikes, scooters, boards: Whatever floats your goat, this is micromobility

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Ebikes, bicycles, scooters, skateboards, longboards, eboards, motorcycles, skates, unicycles, heelies, or an office chair: Whatever floats your goat, this is all things micromobility!

"Transportation using lightweight vehicles such as bicycles or scooters, especially electric ones that may be borrowed as part of a self-service rental program in which people rent vehicles for short-term use within a town or city.

micromobility is seen as a potential solution to moving people more efficiently around cities"

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TAIPEI, Taiwan (BRAIN) — Taiwanese manufacturer Merida Industry Co., which owns 35% of Specialized Bicycle Company, recorded a non-operating loss of over $100 million related to that investment in 2024, as the U.S. bike brand took a deferred tax loss and write-downs on its retail operations.Merida’s board approved a dividend despite the annual loss, explaining that its core business was growing and profitable and the Specialized loss was a one-time occurrence. It also said Specialized’s inventory position and cash balance have returned to pre-pandemic levels.

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[–] [email protected] 2 points 2 weeks ago (1 children)

Sounds like specialized is doing fine, this was a tax maneuver. Which I am happy about, I like my Spesh bicycles.

[–] [email protected] 1 points 2 weeks ago

Never ridden one, but I've heard good things about their bikes.