Peloton reports wider-than-expected loss, ‘bad news’ on paid subscriptions
The connected fitness company’s Q1 sales were higher than expected, but so were losses. Peloton has been working hard to boost revenue with new high-profile partnerships and the expected relaunch of its Tread+, but success remains uncertain as it continues to lose members and fails to make money off the ones it has,
Read the article on CNBC >
Read More from the Global Wellness News ™