Peloton has officially launched financing with Zip for Bike, Bike+, and Tread purchases in Australia, offering 0% financing rates.
Company News
Class Action Lawsuit Brought by Investor Group Against Peloton Dismissed by Judge
A federal judge has dismissed a class action lawsuit that had been filed by a group of investors against Peloton in 2021.
Peloton & Hilton Announce Expansion of Partnership to Puerto Rico, United Kingdom, Germany, & Canada
Peloton has announced an expansion of their partnership with Hilton to Puerto Rico, the United Kingdom, Germany, and Canada.
Affirm Waiving Outstanding Loan Balances in Australia for Peloton device owners
Affirm is waiving the balance of outstanding loans for Peloton members in Australia as they terminate operations in the country.
Report: Peloton has Designed New Video Streaming Technology ahead of US ITC import ban for Bike, Tread, Row, Guide due to Dish Network lawsuit
Peloton has reportedly designed new video streaming technology for their hardware devices in anticipation of the U.S. International Trade Commission’s import ban.
Peloton Bike/Bike+ Now Available on the Qantas Rewards Store
The Peloton Bike and Bike+ are now available on the Qantas Rewards Store, meaning that frequent flyer members can use points to purchase the devices, or earn bonus points when buying with cash.
Peloton Issued Cease & Desist Import Ban by the U.S. International Trade Commission
The U.S. International Trade Commission has enacted an import ban against Peloton and iFIT, which would prevent the Peloton Bike, Bike+, Tread, and Row from being brought into or sold in the US.
Peloton Australia Ends Relationship with Affirm and changing to “Zip” Buy Now Pay Later Financing
Peloton has ended their relationship with Affirm in Australia and will now work with Zip on hardware financing for their buy now pay later provider.
Peloton Announces Dalana Brand as New Chief People Officer
Peloton has announced Dalana Brand as their new Chief People Officer effective March 13, 2023.
Peloton Tread officially available for sale in Australia
The Peloton Tread officially became available for sale today in Australia, retailing for $4,445 AUD.
Peloton Announces Permanent CEO of Precor & SVP Global Sales
Peloton has announced Dustin Grosz will be the CEO of Precor (a wholly-owned subsidiary of Peloton) effective immediately.
Report: Peloton Discussed Buying Tonal in 2022
A new report from Bloomberg reveals that Peloton considered acquiring competitor Tonal in 2022.