Peloton Interactive Launches First-Of-Its Kind Service For Businesses
Portfolio Pulse from Lekha Gupta
Peloton Interactive Inc has launched Peloton for Business, a B2B fitness and wellness service aimed at enterprise clients across seven key verticals. The service includes equipment and content-based solutions, and access to a Peloton Bike at no charge. Greg Hybl has been appointed as Senior Vice President and General Manager of Peloton for Business. The new offering is expected to enhance Peloton's existing B2B services, which have seen over 7.5 million rides on Peloton Bikes in commercial settings globally.
August 17, 2023 | 2:42 pm
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Peloton's new B2B service, Peloton for Business, is expected to enhance its existing B2B services and potentially increase its client base and revenue.
The launch of Peloton for Business is a strategic move to expand its B2B services and potentially increase its client base and revenue. This could have a positive impact on Peloton's stock in the short term.
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IMPORTANCE 75
RELEVANCE 100