November 27, 2022

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Peloton sells exercise bikes on Amazon UK By Reuters

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¬©Reuters. FILE PHOTO: A Peloton exercise bike is seen after the opening bell rang for the company’s IPO at the Nasdaq Market location in New York City on September 26, 2019. REUTERS/Shannon Stapleton/File Photo

(Reuters) – Peloton Interactive (NASDAQ:) Inc will start selling its exercise bike and other fitness accessories on e-commerce giant Amazon.com Inc (NASDAQ:)’s UK platform in a bid to counter the slowdown, sources said on Wednesday .

The move by the company, which has embarked on a cost-cutting plan to reach profitability, follows a similar sales spurt at Amazon in the United States in August.

Peloton will also be launched in Amazon’s German store in the coming weeks, the company said.

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