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9914 on Taiwan Stock Exchange

Merida Bikes

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons3

Taiwanese bicycle manufacturing company

Merida Industry Co., Ltd (MIC; Chinese: 美利達工業) is a Taiwan-based company with R&D headquarters in Germany that designs, manufactures, and markets bicycles globally in over 77 countries. Founded in 1972 by Ike Tseng (1932–2012), the company designs and manufactures over two million bicycles a year at its factories in Taiwan, China, and Germany. After Tseng's death in January 2012, his son Michael Tseng became the company's president.2 Its revenue was TWD 29.4 billion in 2021.1 Its shares trade on Taiwan Stock Exchange under the symbol 9914.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1972Founded1

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  • Ticker9914 on Taiwan Stock Exchange1
  • HeadquartersYuanlin City1
  • Founded inTaiwan1
  • Websitewww.merida-bikes.com
  • Legal formsocietà a responsabilità limitata1

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Photo: Jean Housen , cropped by PetarM, CC BY-SA 4.0, via Wikimedia Commons5

Merida Industry Co., Ltd (MIC; Chinese: 美利達工業) is a Taiwan-based company with R&D headquarters in Germany that designs, manufactures, and markets bicycles globally in over 77 countries. Founded in 1972 by Ike Tseng (1932–2012), the company designs and manufactures over two million bicycles a year at its factories in Taiwan, China, and Germany. After Tseng's death in January 2012, his son Michael Tseng became the company's president.2

The story

The original Merida factory was organized after the Raleigh Nottingham factory as the company began by making Raleigh bikes for the North American market. Tseng would later develop his own welding robots to meet his production goals.

In 2001, Merida bought 49% of Specialized for a reported US$30 million, with its CEO and founder Mike Sinyard remaining the majority owner. In the past, Merida manufactured bicycles for companies including Mongoose. In 2007, Merida invested $7 million to renovate its 35-year-old factory in Taichung, without halting production.

From Wikipedia’s article on Merida Bikes, shared under CC BY-SA 4.0.4

Products and brands

  • bicycle

Listed on Wikidata.1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Merida Bikes revenue by year129.4B TWD in 2021+9% since 2020
010.0B TWD20.0B TWD30.0B TWD2020: 27.1B TWD27.1B TWD20202021: 29.4B TWD29.4B TWD2021+9%
  • 202129.4B TWD1
  • 202027.1B TWD1

Net income

Merida Bikes net income by year14.8B TWD in 2021+16% since 2020
02.0B TWD4.0B TWD6.0B TWD2020: 4.1B TWD4.1B TWD20202021: 4.8B TWD4.8B TWD2021+16%
  • 20214.8B TWD1
  • 20204.1B TWD1

Timeline

  1. Sep 30, 1992Went public Listed on Taiwan Stock Exchange1
  2. 1972Founded Founded in Taiwan1

Sources

The numbers on this page point here. Each one links to the record it came from.

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