Peloton

Businesses Take A Profitable Perspective On Coronavirus
Businesses Take A Profitable Perspective On Coronavirus
March 03, 2020  |  Retail

The outbreak is hardly over, but a sense of perspective – some of it decidedly unconventional – is settling over the global commerce picture. Get...

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Coronavirus Update: US Cos See Impact, China Begins To Reopen For Business
Coronavirus Update: US Cos See Impact, China Begins To Reopen For Business
February 28, 2020  |  International

Facebook has cancelled its annual F8 developers’ conference over concerns about the coronavirus, reports said. More specifically, the social media company cancelled the in-person component,...

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Peloton Rival Equinox Snags Funding From Silver Lake
Peloton Rival Equinox Snags Funding From Silver Lake
February 07, 2020  |  Investments

Luxury gym operator Equinox has secured funding from Silver Lake, an equity firm, in its continuing bid to compete with exercise giant Peloton, according to...

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Peloton Shares Sink On Slowing Revenue Growth
Peloton Shares Sink On Slowing Revenue Growth
February 06, 2020  |  Earnings

Shares in fitness company Peloton dived 12 percent after the company posted a disappointing earnings report that showed widening losses, according to a report Wednesday...

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Subscription Price Drop Sends Peloton Shares Tumbling
Subscription Price Drop Sends Peloton Shares Tumbling
December 04, 2019  |  Subscriptions

Shares of Peloton took a nosedive following news that the company dropped the monthly price of its app-based subscription workouts, Bloomberg reported on Wednesday (Dec....

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SEC Flags Benchmark That Obscured WeWork’s Bottom Line
SEC Flags Benchmark That Obscured WeWork’s Bottom Line
December 03, 2019  |  B2B Payments

The We Company, the parent of WeWork, uses a cash-flow metric called the “contribution margin,” which showed that its core services were profitable, Bloomberg Tax...

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Peloton Doubles Revenue, Grows Subscribers By 100 Pct In Q1 FY 2020
Peloton Doubles Revenue, Grows Subscribers By 100 Pct In Q1 FY 2020
November 05, 2019  |  Earnings

Peloton’s revenue increased by more than 100 percent year over year in the fitness company’s first quarter of fiscal 2020, hitting $228 million. Even so, its...

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Peloton Acquires Gossamer Engineering To Boost Product Development
Peloton Acquires Gossamer Engineering To Boost Product Development
November 05, 2019  |  Partnerships / Acquisitions

Earlier this year, fitness startup Peloton Interactive acquired Gossamer Engineering, which has designed devices for Google and Facebook. Get the Full Story Complete the form...

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Peloton Stock Backpedals, Closes 11.2 Percent Below IPO Price
Peloton Stock Backpedals, Closes 11.2 Percent Below IPO Price
September 27, 2019  |  IPO

Digital fitness brand Peloton ended its first day of trading down 11 percent from its IPO price of $29 a share, Marketwatch reported on Thursday...

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