Peloton Interactive, Inc. (PTON) provides a connected, technology-enabled interactive fitness platform. The company offers services like instructor-led boutique classes for its customers. Also, its product portfolio includes Peloton Bike, Peloton Bike+, Tread and Tread+, bike mat, heart rate monitor, and dumbbells.
PTON was among the biggest winners during the COVID-19 pandemic, as its home exercise equipment and subscription-based fitness classes were in huge demand. The company’s total subscribers grew from 700,000 to nearly 3 million during that period.
