VanMoof pauses ebike sales, sparking rumours of bankruptcy

Dutch ebike startup VanMoof has paused sales of its bikes and all accessories for almost two weeks now, stoking rumours that the business is in financial difficulty.  Since June 29, visitors to VanMoof’s website have been met with a pop-up explaining that the company has paused orders to catch up with current demand.  “We have temporarily paused sales to catch up on the production and delivery of existing orders. Rest assured – this has no effect on servicing,” says the notification. But, according to TechCrunch, which cited “multiple sources,” VanMoof might be running out of cash, despite being one of…

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