The US business magazine has a report from the Shanghai bike trade show on its website. One South Korean exhibitor said it invented the shaft-drive for bicycles. Hmm...

Forbes mag says you can get a “decent bike” for $35

http://www.forbes.com/…/ap2008252.html

In other news...

OnBuy closes Series A funding round

UK-based e-commerce business OnBuy is set to launch globally this summer after securing a £5 …