Peloton

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. Bloomberg reported that it is unknown how...

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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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On-Demand Fitness Startup Peloton Pursues $8.2B Valuation 
On-Demand Fitness Startup Peloton Pursues $8.2B Valuation 
September 26, 2019  |  IPO

Fitness startup Peloton is hoping for an $8.2 billion valuation as it goes public, The Financial Times reported on Wednesday (Sept. 25). Under the PTON...

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Peloton Aims To Raise Up To $1.16B In IPO
Peloton Aims To Raise Up To $1.16B In IPO
September 11, 2019  |  Retail

In a regulatory filing, Peloton said it aims to raise up to $1.16 billion in its initial public offering (IPO). The company, which is famous...

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Payments And Peloton’s Plans To Go ‘Beyond The Bike’
Payments And Peloton’s Plans To Go ‘Beyond The Bike’
September 06, 2019  |  Innovation

Despite consumers’ best intentions, exercise is hard. Not only do people have to find the energy to actually work out, but gyms can be inconveniently...

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New Cyber Threats, Square’s Strategy And Subscription Changes Top Week’s News
New Cyber Threats, Square’s Strategy And Subscription Changes Top Week’s News
August 30, 2019  |  News

It’s that time again — the last unofficial weekend of summer. In this new edition of the PYMNTS Weekender you can read the news and...

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Peloton’s IPO To Test Subscription Model’s Fitness
Peloton’s IPO To Test Subscription Model’s Fitness
August 29, 2019  |  Subscriptions

Peloton is coming to market with its IPO.  A look at the S-1 filing reveals an embrace of the razor/razor blade model that melds (pricey)...

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