About Cycle Souq
Cycle Souq is a company based in Melbourne (Australia) founded in 2018. It operates as a B2C, and D2C. Cycle Souq offers products and services including Bicycles, Accessories, and Apparel. Cycle Souq operates in a competitive market with competitors including BikesOnline and St Kilda Cycles, among others.
- Headquarter Melbourne, Australia
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Consumer
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Products & Services of Cycle Souq
Cycle Souq offers a comprehensive portfolio of products and services, including Bicycles, Accessories, and Apparel. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Range of bikes for adults and kids including mountain and road types
Items like helmets and lights for safety and performance
Clothing items such as jerseys and gloves for riders
Funding Insights of Cycle Souq
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Cycle Souq
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cycle Souq
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cycle Souq Comparisons
Competitors of Cycle Souq
Cycle Souq operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BikesOnline and St Kilda Cycles, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Operates an e-commerce store for cycling equipment and accessories.
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| domain | founded_year | HQ Location |
Retails bikes, scooters, accessories, parts, and maintenance services online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Cycle Souq
When was Cycle Souq founded?
Cycle Souq was founded in 2018.
Where is Cycle Souq located?
Cycle Souq is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
What does Cycle Souq do?
CycleSouq operates as an online store specializing in bicycles, accessories, apparel, and related products for cycling enthusiasts. Based in the UAE, they offer a wide selection from top brands, with professional assembly and delivery services. They cater to adults and kids, providing options for various riding styles like urban commuting and mountain biking, while offering free shipping on orders over AED 100 to enhance customer convenience.
Who are the top competitors of Cycle Souq?
Cycle Souq's top competitors include BikesOnline and St Kilda Cycles.
What products or services does Cycle Souq offer?
Cycle Souq offers Bicycles, Accessories, and Apparel.