Cryptocurrency Q&A
Is CFMOTO owned by KTM?
Is CFMOTO owned by KTM?
GangnamGlitzGlamourGlory
Thu Jun 20 2024
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5 answers
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Excuse me, could you please clarify a matter regarding the ownership structure of CFMOTO? I've been hearing rumors that CFMOTO, a renowned manufacturer of motorcycles and power equipment, might be owned by KTM, another well-known motorcycle brand. However, I'm not entirely sure if these rumors are true. Could you possibly shed some light on this matter? Is CFMOTO indeed owned by KTM, or are they separate entities? Your insight would be greatly appreciated as I'm trying to understand the corporate landscape in this particular industry. Thank you for your time and assistance.
5 answers
CryptoPioneer
Sat Jun 22 2024
CFMOTO-KTMR2R is a joint-venture company that combines the strengths of CFMOTO and KTM.
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Nicolo
Fri Jun 21 2024
CFMOTO, as the majority shareholder, holds a controlling stake of 51 per cent in the joint venture.
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DigitalCoinDreamer
Fri Jun 21 2024
The remaining 49 per cent of the shares in CFMOTO-KTMR2R is held by KTM, indicating a balanced partnership between the two companies.
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CryptoLord
Fri Jun 21 2024
This joint venture represents a strategic alliance between CFMOTO, a leader in its industry, and KTM, a renowned brand in the motorcycle segment.
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Davide
Fri Jun 21 2024
Through CFMOTO-KTMR2R, the two companies aim to leverage their respective resources and expertise to create innovative products and services that cater to the needs of their target customers.
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