News

Peloton is still experiencing issues delivering orders of new bikes and treadmills, and outraged customers are turning to social media to lodge frustrated complaints

Peloton customers are outraged over continued shipping delays, The New York Times reports. Customers say deliveries of new bikes or treadmills aren’t showing up or are repeatedly rescheduled. Delays have plagued Peloton for months as skyrocketing demand coincided with supply chain issues. Visit Business Insider’s homepage for more stories. Peloton […]
Peloton is still experiencing issues delivering orders of new bikes and treadmills, and outraged customers are turning to social media to lodge frustrated complaints
Markets

Peloton erases losses and rallies 9% after inking multi-year deal with Beyonce

Peloton rose out of a morning loss and jumped as much as 8.6% on Tuesday after the company announced a new, multi-year partnership with musical artist Beyonce Knowles. The collaboration’s launch coincides with homecoming season, an annual fall celebration for students at historically Black colleges and universities. Peloton and Knowles […]
Peloton erases losses and rallies 9% after inking multi-year deal with Beyonce
Tech

Peloton is temporarily halting sales and deliveries of its $4,295 treadmill because of the coronavirus, just as people are looking for new ways to work out at home

Peloton is temporarily suspending deliveries of its Tread treadmill because of coronavirus containment measures. The company implemented threshold delivery for its bikes, but because of the treadmill’s size and weight it cannot offer the same service. Impacted customers will be refunded over the next seven to 10 days. The temporary […]
Peloton is temporarily halting sales and deliveries of its $4,295 treadmill because of the coronavirus, just as people are looking for new ways to work out at home
Tech

Peloton, the buzzy exercise-bike startup that ignited the connected-fitness craze, has filed for an IPO and revealed spiraling losses

Peloton, a favourite of venture-capital investors, publicly released its S-1 paperwork for a public offering on Tuesday. The connected-fitness company has accumulated losses of more than $US500 million. It will trade on the Nasdaq under the “PTON” ticker. Visit Business Insider’s homepage for more stories. Peloton is going public. The […]
Peloton, the buzzy exercise-bike startup that ignited the connected-fitness craze, has filed for an IPO and revealed spiraling losses
Markets

Peloton has confidentially filed to go public

Peloton has confidentially filed to go public. The maker of luxury indoor exercise bikes filed a draft registration statement with the Securities and Exchange Commission, a key step in the process of securing a public listing for its stock. The price range and number of shares to be offered hasn’t […]
Peloton has confidentially filed to go public