3 Reasons Peloton Is Here to Stay
Peloton (NASDAQ: PTON) is the world's largest interactive fitness platform. By bringing cardio into customers' homes, Peloton was well positioned for a socially distanced world. However, while the pandemic helped increase adoption of its bikes, this was not a temporary shift, but an acceleration of the inevitable. Here are three big reasons why Peloton seems poised to stick around for the long haul.
Image source: Peloton.
A standard Peloton bike costs $1,895, but the value Peloton provides customers extends way beyond convenience and a fancy piece of hardware. Peloton has more than 17,000 available live and recorded classes, in which you can compete against friends, family, yourself, and celebrities. Even pro golfer Rory McIlroy has been encouraging other Peloton members to try and beat him in the class leaderboards.
Source Fool.com
