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2024-08-22 14:05:45
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cnbc.com_2 on Nostr: Bullet points of Peloton to start charging subscribers with used equipment $95 ...

Bullet points of Peloton to start charging subscribers with used equipment $95 activation fee
- Peloton will start charging a one-time $95 activation fee for new subscribers who bought used equipment on the secondary market.
- The fee is designed to ensure a consistent onboarding experience for new members.
- 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.
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