Business
Peloton Expands Product Suite With All New Bike+ And Tread, Offering More Ways For People To Access And Enjoy World-Class At-Home Fitness
Original Peloton Bike and new Tread offered at lower price points; Peloton Bike can now be financed for $49 USD a month The Bike+ introduces new features and
About this update from Peloton Interactive, Inc.
[{"type":"text","content":" Original Peloton Bike and new Tread offered at lower price points; Peloton Bike can now be financed for $49 USD a month \nThe Bike+ introduces new features and content designed to offer total body training \n NEW YORK, Sept. 8, 2020 /PRNewswire/ -- Peloton (NASDAQ: PTON) today announced the introduction of the Peloton Bike+ and the new Peloton Tread, growing its portfolio of immersive, connected fitness products and experiences. The Bike+ will be available starting on September 9, 2020 in the U.S., Canada, U.K., and Germany, with the Peloton Tread coming to the U.K. December 26, 2020, U.S. and Canada in early 2021, and Germany later in 2021. The Peloton product suite will now include two Bike models and two Tread models, offering Members new ways to combine cardio and strength training, while adding more affordable entry points to experience Peloton. \n\n \n \n \n \n \n \n\n \nThe Peloton connected fitness portfolio will now include:\nThe original Peloton Bike, available at the lower price point of $1,895 USD on September 9, 2020 The Peloton Bike+ ($2,495 USD) The original Peloton Tread, now called Peloton Tread+ ($4,295 USD) The lower-priced Peloton Tread ($2,495 USD), coming in early 2021 \"When we launched Peloton, we knew we were onto something special. Now, eight years later, we have a passionate global community of 2.6 million Members, and we feel like we're just getting started, in terms of how we can impact the health and well-being of people worldwide through our platform, content and products,\" said John Foley, Peloton's CEO and Co-founder. \"Our goal is to be the go-to at-home fitness solution for as many people as possible, and with these new product launches, we'll be able to offer access to Peloton's best-in-class fitness content at various price points, depending on what consumers are looking for, especially in a world where people are increasingly working out at home.\" \nThe Peloton Bike+: A total body workout experience The Peloton Bike+ builds on the innovation of the original Peloton Bike and includes some of the most Member-requested hardware and software features and class content. Thoughtfully designed to create a challenging total body workout, the Bike+ makes it easier to complement an indoor cycling class with Peloton's strength, yoga, stretching and meditation classes - all from the Bike+. \nPeloton ...