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With its innovative folding design and superior market performance, DYU has established itself as a leader in the international e-bike industry
DYU, A leading international e-bike brand, has announced the successful completion of a $15 million Series A funding round led by a number of top international investors. Since its founding in 2014, DYU has been developing innovative electric bicycles suitable for short trips, and this financing marks a significant step in its global market expansion and technological innovation.
Leven, CEO of DYU, said in an interview: "This financing is an important demonstration of the market recognition of DYU's brand and products. Since our foldable electric bicycles entered the international market in 2017, especially through the Costco sales channel, our products have been widely welcomed by customers worldwide due to their unique design and high cost performance."
As of 2020, DYU's annual sales have exceeded 150,000 units, and by 2023, the company's annual shipments have grown to nearly 500,000 units. In the European and American markets, DYU's folding electric bikes have occupied more than 50% of the market share, and its $500 to $1,000 pricing strategy has also achieved about 30% share in the U.S. market.
Leven further elaborated on the purpose of this round of funding: "We will primarily invest in key areas such as product development, marketing, supply chain expansion and team building. Our goal is not only to consolidate our leadership position in our existing markets, but also to expand our reach globally."
In early 2023, DYU debuted its V8 series in the U.S. market, marking a significant expansion of the company's global e-bike footprint. In April, the company launched the eye-catching T1 series, further strengthening its leading position in the industry.
By the close of 2023, the DYUD3 series clinched the prestigious Global Good Design Award, marking a significant milestone that underscored its superior performance and groundbreaking design on the global front. Concurrently, the company's visionary founder, Leven, graced the Tech and Trend Industry Conference with a keynote that highlighted DYU's avant-garde stance in technological innovation. Culminating the year's achievements, DYU unveiled the innovative C3 series, a collection that marries fashion with functionality, thereby expanding DYU's diverse and vibrant product portfolio.
DYU's strategic decision to set up its European headquarters in the Netherlands in 2023 not only reflects its deep focus on and commitment to the European market, but is also a key part of its global layout. This move not only provides a solid springboard for DYU's growth in the global e-bike space, but also marks an important step in advancing sustainable mobility solutions.
Overall, this financing provides DYU with a strong platform to take the next step in the global e-bike market and drive the development of sustainable mobility solutions while strengthening its position as an industry leader.
I have this bicycle already 5 month and it helps me in any situation, the battery lasts long enough (I rode 25 kilometers and it showed 1-2 sticks all the time) the only negative is that when I folded the bike several times to put it in the car, the wires stretched and the throttle stopped working . I had to fix it
DYU D3F 14 Inch Electric Mini Bike Folding Ebike
So I've had my Ff500 for while now and I have to say I would easily recommend this ebike to anyone , now why though ? so let's get down to the specs we'll start with the nice 180mm brake disc's that provide a great stopping power I'm 175lbs n there's no issue of stopping with the bike. Now let's talk power 🔋 you will do 20mph in 3rd electric gearing up before you know it the throttle is smooth an not Jerky like some e bikes out there. the 20x4.0 tires are a nice solid grip to the pavement or if you want to head on the trails or dirt and with the suspension fork n seat you can't go wrong. now don't let the ff500 kid you saying its a commuter ebike because it can be upgraded I pushed that creative envelope and still going. this bike will support up to 300lbs with ease no issue. the lcd is a M5 with a rear hub drive motor n I love how the battery is integrated into the frame of the easy point of locking and unlocking with a key. an weighing around 60-70 ] pounds around that it's very easy to pick up and fold up an be on your way to your next destination.
DYU FF500 20 Inch Fat Tire Electric Bike
I am absolutely thrilled with my e-bike purchase! The bike is stylish, comfortable, and provides a smooth ride. The electric assist feature has completely transformed my commuting experience and has allowed me to cover more distance with ease. I highly recommend this e-bike to anyone in the market for a reliable, high-quality bike.
DYU King 750 26 Inch Fat Tire Electric Bike
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Leo B.
A Serious E-bike
Maybe the cheapest in the market but the build and performance is for real. Assembly is a breeze. The only negative that I can say the bell lever is broken and the rubber fender at the back fender was detached when I got it. A bike helmet is a must for this tiny beast.
DYU C3 14 Inch Folding Ebike