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Peloton, the fallen fitness unicorn, faces a harsh truth despite its shiny new deal with Hyatt hotels: 'I don't think they thought [about] what was going to happen post-pandemic'

Peloton has lost 90% of its value since the beginning of the pandemic, when the company soared to a $45 billion market cap.

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Fitness unicorn Peloton expected to struggle, despite new Hyatt deal

Peloton has lost 90% of its value since the beginning of the pandemic, when the company soared to a $45 billion market cap.

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Peloton is a media company now, with media company problems

Peloton is a media company now, with media company problems
theverge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theverge.com Daily Mail and Mail on Sunday newspapers.

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Peloton's pivot to $6,000 treadmills... is paying off?!?

Peloton’s Q2 2024 earnings were mixed some things flopped, other things seem to be buoying the business. Like relaunching the Tread Plus for $6,000. CEO Barry McCarthy told investors on the earnings call that since it started taking orders in December, there’s actually a demand backlog. McCarthy also said increased interest led to more sales of its cheaper, entry-level Tread. That, I get. (I reviewed it, it’s great.) But I’m fascinated by the folks who didn’t blink at plopping down $6K for the Plus despite the infamy associated with it. Is that you? Hit me up, let’s chat. I’m legitimately curious!

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