Tag Archives: unicorns

Peloton’s connected bike business is now worth $1 billion

At-home exercise has always been a weird but lucrative sell. Why do you think you’ve visualized Bowflex commercials for the past three decades? And where there’s money, there are tech corporations looking for their piece of the pie. Enter Peloton, a four-year-old startup that sells internet-connected stationary bikes tied to a livestreamed due workout experience. Peloton is now importance about $1.25 billion thanks to its latest round of funding. That utters the at-home connected-bike corporation the most recent unicorn, or private corporation worth$ 1 billion or more. […]

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