Peloton Is Having Its Biggest Hardware Launch in Years

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Do you remember whatever became of your old Peloton bike or tread? The at-home fitness company was one of the most famous casualties of the postpandemic bust. After the company made huge bets on home gyms, many of us returned to our in-person or outdoor workouts. Peloton floundered. The company’s equipment was featured as the cause of death in multiple TV shows. CEO and cofounder John Foley stepped down. Amazon, Apple, and Nike were all floated as possible acquirers.

However, under the leadership of…



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Peloton Is Having Its Biggest Hardware Launch in Years


Do you remember whatever became of your old Peloton bike or tread? The at-home fitness company was one of the most famous casualties of the postpandemic bust. After the company made huge bets on home gyms, many of us returned to our in-person or outdoor workouts. Peloton floundered. The company’s equipment was featured as the cause of death in multiple TV shows. CEO and cofounder John Foley stepped down. Amazon, Apple, and Nike were all floated as possible acquirers.

However, under the leadership of…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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