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Reports Amazon And Nike Are Se...

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Reports Amazon And Nike Are Separately Interested In Buying Home Fitness Company Peloton

RedFM News
RedFM News

09:52 5 Feb 2022


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There are reports Amazon and Nike are separately interested in buying home fitness company, Peloton.

Its sales boomed during lockdowns - but demand for its exercise bikes and treadmills fell after gyms reopened and competition increased.

Peloton has tried to cushion the blow to its growth by cutting prices and boosting advertising.


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