Prime Bike: Amazon Launches $499 Peloton ‘Knockoff’

  • 📰 Forbes
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

Peloton shares dipped 3.23% following the announcement.

“We were built on the idea of attainable fitness for everyone. The Prime Bike was developed in collaboration with Amazon, aiming to create an amazing, connected bike for less than $500 and it’s proven to be a phenomenal match,” said Lou Lentine, president and CEO of Echelon Fitness, said in a$1,396. That’s how much cheaper the Prime Bike is compared to Peloton’s flagship bike. Amazon and Echelon are hoping appeal to conscious customers.

about Amazon undercutting third-party sellers with its own Amazon-branded products, though Peloton products aren’t available for purchase on Amazon.At-home fitness equipment has seen a boom during the pandemic as gyms continue to be closed or operate at limited capacity. Peloton, which has developed a cult following, in particular, has exploded this year, more than

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Until lockdown, wasn't Peloton heading for insolvency?

Same Price with PS 5. I can always run in d game.

Get a bike

Wait till they hear about rollers

Just buy an iPad...duh

Made in China

If there will be many apps for iPad to get different kinds of training, that might greatly improve how people train on average. People already own the computers: iPad and/or laptops. In theory, better focus on best bike hardware and provide a connection for a few competing apps.

Stupid af 🤦‍♂️ Amazon has more money than they know what to do with and they still making fake shit

cc: GMOON7

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Travis Scott, Bad Bunny, Rosalia Performing at Rihanna's Savage X Fenty Show on Amazon PrimeThe fashion show airs October 2nd and also features Roddy Ricch and Ella Mai, plus appearances from Big Sean, Willow Smith, Normani and Lizzo ❤️❤️❤️🎶🎶🎶🤗🤗📸📸🎥 GlitchArtBot
Source: RollingStone - 🏆 483. / 51 Read more »

Stocks in Australia poised to open lower; China set to announce loan prime ratesChina's one-year and five-year Loan Prime Rate (LPR) are set to be out at around 9:30 a.m. HK/SIN on Monday. A majority of traders and analysts polled by Reuters expect no change to both the one-year and five-year LPR.
Source: CNBC - 🏆 12. / 72 Read more »

Stacey Abrams Voting Rights Doc ‘All In: The Fight for Democracy’ to Stream for Free on Amazon Prime“All In: The Fight for Democracy,” a documentary that examines voter suppression in the United States, will be available for free on Amazon Prime Video on Sept. 22 in support of Nationa… 😂 She lost and wouldn’t accept it. Shouldn’t it be call the fight AGAINST democracy? You already have democracy, you don't have to pretend to save it just because people decided that someone else should be governor.
Source: Variety - 🏆 108. / 63 Read more »

Stocks making the biggest moves midday: Amazon, Carvana, Tesla, Peloton and moreThese are the stocks posting the largest moves in midday trading. Fuck JeffBezos
Source: CNBC - 🏆 12. / 72 Read more »