Juiced Bikes sold at auction for $1.2 million: Report

Juiced Bikes, the San Diego-based maker of e-bikes, has been sold on an auction website for $1,225,000, according to a report from Electrek. Digital Trends recently reported how the company was showing signs of being on the brink of bankruptcy: The company and its executives had remained silent, while customer inquiries went unanswered, and its website showed all products were out of stock. In addition, there were numerous reports of layoffs at the company.

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