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Peloton isn't profitable as a subscription business, but it looks different as a media company.
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Peloton on Thursday said it will start charging new subscribers a one-time $95 activation fee if they bought their hardware on the secondary market as more consumers snag lightly used equipment ...
The at-home fitness company announced on Tuesday that it will reduce the cost of its most popular spin bike by $350 “to make it more accessible to more people,” according to an email from Peloton.
Since the vendor typically makes the shipping arrangements, it is entirely possible that the cost of shipping passed on to the consumer will not be the same as the cost of shipping borne by the vendor. Some online vendors use this as a source of revenue, further increasing profits or allowing the vendor to advertise even lower up-front prices. [2]
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CFRA Industry and Equity Research Director Ken Leon joins Yahoo Finance Live to discuss Peloton's 70% shares drop in the past 12 months, the fitness equipment developer's sales and subscription ...
Peloton just made a big call on the price of its connected bike. Yahoo Finance Live talks with Peloton CFO Jill Woodworth all about it. Peloton is excited about cutting bike prices by $400, CFO ...