Cycling Becoming A New Favorite Hobby For Indians: OLX
- ByStartupStory | June 10, 2021
OLX India, India’s prominent marketplace for sale and purchase of pre-owned goods, said On World’s Bicycle Day, that its platform has seen an immense boom in the purchase of cycling. Confirming Cycling as a new favorite hobby for Indians during Covid 19.
As per the data of OLX, the purchase of the pre-owned cycle rose by 100 %, with an infinite number of unique interactions between seller and interested users rising by 126% as compared to pre-covid data.Due to Covid 19 surges leading to a temporary shutdown of fitness centers, consumers have turned up bicycles keeping in mind fitness and government protocol in compliance with covid 19. Furthermore, this new trend of picking bicycles to fuel transports has indicated people are opting for green choices to help the environment heal.
Delhi-NCR users with more than 100% increase in demand for pre-owned bicycles registered highest followed by Mumbai with an 83% surge in demand. The supply for cycles on OLX has risen by 49% indicating that demand far exceeded supply. Sunny Kataria, Head Commercial Excellence, OLX India said, “The bicycle signifies a more sustainable means of transport that is not only good for people but for the environment and the economy too.
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