Giant Reaches Inflection Point as Revenues Return to Growth
Revenues at the world’s largest bike maker have declined 15% to TWD 23.4 billion ($740 mm) for the first five months of 2026, but a May turnaround helped stanch the bleeding. Monthly revenue returned to green arrows, with 6% growth in May to TWD 5.4 billion, after April slipped 3% to TWD 5.5 billion, narrowing the gap from Q1’s 26% drop. Giant’s fellow Taiwanese bike manufacturers are seeing similar trends, as Merida Industry posted 18% growth to TWD 2.3 billion in May after double-digit declines for the rest ... Log in to view full article.
