Deal focus: L Catterton hitches a ride with Tenways
Electric bicycle brand Tenways has built its business on European design capabilities and Asian manufacturing smarts. L Catterton is backing the two-year-old company to become a global leader
Private equity’s last love affair with bicycles in China propelled bike-sharing players such as Ofo and Mobile to unsustainable highs, which were followed by painful adjustments. The most recent iteration...
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