Peloton to sell exercise bike, accessories on Amazon in U.S

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:Peloton Interactive Inc said on Wednesday it would sell its exercise bike and other fitness accessories on e-commerce giant Amazon.com Inc's U.S. platform in a bid to prop up falling sales. Shares of the fitness equipment maker rose 17 per cent premarket, before paring some gains to trade 7.6 per cent higher

:Peloton Interactive Inc said on Wednesday it would sell its exercise bike and other fitness accessories on e-commerce giant Amazon.com Inc's U.S. platform in a bid to prop up falling sales.

The partnership marks the latest move by Peloton Chief Executive Barry McCarthy to cut losses and improve cash flow as people go back to working out at gyms in a post-pandemic world.

 

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