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"content": "Summary of Peloton to start charging subscribers with used equipment $95 activation fee\nnostr:nevent1qqs0csyhprxtwnrnkxfmtr9r3lk8d2850q5sphxe4s7rxwkl0zawdqqzyzuy7cfuzv85e5cke9vnh7gzf6mz0rkpx7hepmljsqehz27a5pxw6qcyqqqqqqgea8835\n\nPeloton is introducing a one-time $95 activation fee for new subscribers who purchased used equipment on the secondary market, aiming to ensure a consistent onboarding experience and generate additional revenue. The company has seen a significant increase in new members buying used equipment, which has grown 16% year over year. The fee is expected to be a source of incremental revenue and gross profit for Peloton, helping to support its investments in improving the fitness experience for its members.",
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