Daymak opens new Ebikeuniverse retail store in Montreal, Canada


Canada-based Daymak has opened its newest Ebikeuniverse retail store in Montreal, with another store scheduled to open later this month in Quebec City.

The 2,848ft² store is part of the company’s plan to expand its footprint in Canada with ten new openings this year.

Daymak president Aldo Baiocchi said: "We are so thrilled to be opening our third Ebikeuniverse retail store located in Montreal, which will allow us to better engagement and service our existing clients and potential new customer.

“Moving forward each new Ebikeuniverse store opening will help reach our strategic goal to make Daymak the most reputable and recognised brand name in Canada for LEV's, all while staying focused on the larger vision of opening 1,000 stores globally.”

The new Ebikeuniverse stores will enable the company to provide better service and maintenance.

"We are so thrilled to be opening our third Ebikeuniverse retail store located in Montreal, which will allow us to better engagement and service our existing clients and potential new customer."

Last month, Daymak launched a new crowdfunding campaign in association with fintech company FrontFundr to offer investors an opportunity to buy shares in Daymak as a private company.

This move was aimed at raising at least $150,000 with a maximum total investment of $1.09m.

With this investment drive, the company intends to bolster its plans of opening a designated e-bike distribution centre, serving 95% of Canada's population.

Incorporated in 2002, the company designs, develops and distributes light electric vehicles with a network of more than 150 dealers.