Peloton to sell exercise bikes on Amazon UK

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Nov 16 (Reuters) – Peloton Interactive Inc (PTON.O) will begin promoting its train bike and different health equipment on e-commerce large Amazon.com Inc’s UK platform, it mentioned on Wednesday, in an effort to fight slowing demand.

The transfer by the corporate, which has launched into a cost-cut plan to attain profitability, follows the same gross sales push on Amazon (AMZN.O) in the USA in August. learn extra

Peloton will even launch in Amazon’s German retailer within the coming weeks, the corporate mentioned.

Reporting by Kannaki Deka in Bengaluru; Modifying by Arun Koyyur

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