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In 2002 Giant signed a three-year sponsorship deal with Satellite Sports Group (a company that then managed the former GT Air Show) to begin manufacturing Giant branded bikes to boost the Giant label. [10] These bikes were priced between $150 and $350, filling in the open entry level price gap that their Mosh labeled high-end bikes could not ...
King Liu (Chinese: 劉金標; born 2 July 1934) is the founder of Taiwanese bicycle manufacturer Giant Bicycles. Liu was not a cyclist himself before founding Giant. [ 1 ] However, in 2007, at age 73, he rode around Taiwan on a bicycle, [ 2 ] and at age 75 he rode from Beijing to Shanghai .
GT Bicycles, Inc. is an American company that designs and manufactures BMX, mountain, and road bicycles. GT is a division of the Dutch conglomerate Pon Holdings , which also markets Cannondale , Schwinn, Mongoose , IronHorse, DYNO, and RoadMaster bicycle brands; all manufactured in Asia.
Schwinn's annual sales soon neared the million mark, and the company turned a profit in the late 1980s. However, after unsuccessfully attempting to purchase a minority share in Giant Bicycles, Edward Schwinn Jr. negotiated a separate deal with the China Bicycle Co. (CBC) to produce bicycles to be sold under the Schwinn brand. [57]
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The bicycles are built to be used 13 times a day on average, much more often than the twice daily use that most other bicycles average. [11] Each bicycle has an RFID tag for vehicle tracking and theft prevention. [12] There is a 15-minute renewal restriction period at the station to which the bike was returned. [6] [13]