Peloton is expanding their health & wellness advisory council by adding 2 members today: Dr. Heather Irobunda, a board-certified OBGYN, and Dr. Pooja Lakshmin, a psychiatrist specializing in perinatal psychology.
Company News
Peloton to raise nearly $1 billion in cash
Peloton announced that they would be raising nearly $1 billion through an offering of Convertible Senior Notes.
Peloton Q2 2021 Earnings Call Summary & Insights
Summary of some of the profits, data, and facts that came from the Peloton Q2 2021 earnings call and investor shareholder letter.
Rumors indicate Peloton might be expanding into Australia – permits filed for Peloton Sydney showrooms?
Several pieces of evidence indicate that Peloton could be planning to launch in Australia in the future. Potential building permits for a Peloton Sydney Australia showroom have been filed.
Peloton invests $100 million to try to address shipping & delivery delays
Peloton has announced that they will be spending $100 million towards air shipment as well as expedited freight shipment to try to address the shipment & delivery delays.
Peloton summer internship program launching for 2021
Peloton has announced their 2021 summer internship program. Rising college juniors and seniors can apply to work directly with Peloton employees in a variety of departments.
Peloton Q2 2021 Earnings Call Date Announced
Peloton has announced their Q2 2021 earnings call will take place on Thursday, February 4th, 2021 @ 5:00pm ET.
Peloton provides status update on their $100 million “Peloton Pledge” – new SVP, Global Head of Diversity, Equity and Inclusion, and higher starting salaries, etc
Peloton has provided an update on some of the internal steps they have taken towards their $100 million Peloton Pledge.
Nicole St. Jean hired as new Senior Director of Music Partnerships for Peloton
Peloton has hired a new Senior Director of Music Partnerships – Nicole St. Jean, who will report to Peloton’s Head of Music Gwen Riley.
Peloton Comeback expands to Canada + Comeback Holiday Edition (100 extra free bikes)
Peloton’s Comeback program is expanding to parts of Canada, and will also give away an extra 100 free bikes & memberships for the holiday season.
Peloton acquires Precor for $420 million
Peloton will be acquiring Precor for $420 million, giving them access to US manufacturing capability and a bigger foothold in corporate & gym spaces.
Creators of “Spinning” suing Peloton for patent infringement
Peloton is being sued by the company who holds the trademarks on Spinning, and created the first spin bike, for patent infringement of two different patents.