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Technology Stocks : ABOM, V.AIR Airbomb.com Inc.

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To: Goalie who started this subject9/11/2000 8:04:25 PM
From: Goalie  Read Replies (1) of 50
 
Bicycle retailer industry news

Front-page coverage in the industry news mag:

Monday, September 11, 2000

Online Wholesaler Airbomb Growing Fast

VANCOUVER, Canada (BR&IN)—Airbomb.com announced that revenues for its first quarter ending June 30 were $328,454, or 79 percent of its revenues for all of last year.

The first-quarter revenues are 3.5 times those of Airbomb’s total revenues last year of $93,119. Retailer and consumer-direct online company Airbomb sells mountain bikes and related parts and accessories at less than typical wholesale prices. The company sources it products directly from Asian and North American manufacturers.

To support its growing wholesale business, the company has expanded its password-protected, business-to-business retailer web store. The company recently assembled and delivered a Mazda USA order to more than 160 Mazda dealerships.

"The company is continuing to grow rapidly and has expanded on its core business strength, namely purchasing directly from overseas manufacturers. Access to this type of supply chain buying represents Airbomb.com’s key competitive advantage," said David Houston, Airbomb’s president. ©Bicycle Retailer & Industry News.
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PS -- Now more and more shops will know about Airbomb!
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