Peloton will stop making its own bikes

Interactive Platoon will outsource all manufacturing of its stationary bikes and treadmills as a money-losing maker of connected fitness equipment races to overhaul its business model.

The New York-based company said Taiwan-based manufacturer Rexon Industrial Corp., which has worked with Peloton for years, will become the primary hardware manufacturer for its bike and tread lines.


Wj

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