Dahon is the world's largest manufacturer of folding bicycles[5][need quotation to verify] with a two-thirds marketshare in 2006.

[6] The company was founded in 1982 by David T. Hon, a former laser physicist, and is headquartered in Los Angeles, California, with assembly factories in China, Macau and Bulgaria.

The two gathered venture funding and established their headquarters in Southern California while Hon relocated to Taiwan to build Dahon's first factory.

The new global campaign, themed “Express Your Personality” was launched at Eurobike 2011 in Friedrichshafen, Germany in a live-stage performance.

For 2013 Dahon offers 30 models of folding or portable bicycles in wheel sizes ranging from 16-26” with aluminum alloy or steel frames.

They decided to bring end users into the process by launching a Kickstarter campaign to fund production of the bike.

Specifically, the lawsuit charged that Joshua Hon and Florence Hon breached their fiduciary duties as officers of Dahon and unlawfully appropriated company assets, resources, and intellectual property to start the competing companies Mobility Holdings and Tern.