Bike24 enters Belgium, Netherlands and Luxembourg
German bicycle e-tailer Bike24 is launching in Belgium, the Netherlands and Luxembourg. The company already had localized online shops for Germany, Austria, France, Italy and Spain. Bike24 says the company now reaches 70 percent of the European market.
While Luxembourg is a small country, it has a really large amount of internet users, compared to the overall population. Because of that, online sales are increasing. The ecommerce market is expected to grow annually with 5.86 percent between 2025 and 2029.