Australia's BikeExchange soars on partnership to expand in North America

Bikeexchange

28/04/2022 04:52

** Shares of cycling dedicated marketplace co BikeExchange
 BEX.AX  soar as much as 23.6% to A$0.068, heading for its
record best day, if gains gold 
    ** Co announces expansion in North American markets by
signing a partnership with U.S.-based electric mobility co
Simply EV  urn:newsml:reuters.com:*:nASX5MFCJZ
    ** Says partnership to focus on onboarding all Revolution
Brands products and Simply EV's stores on co's platform
    ** Stock hits highest level since April 6
    ** Stock on track for its third session on gains
    ** Over 300,000 shares change hands, compared with the
30-day average volume of about 167,000 shares
    ** Stock has fallen 64.5% this year, as of last close

 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com;))