Peloton Stock Surges 11% on Launch of Resale Marketplace ‘Peloton Repowered’

Peloton Stock Surges 11% on Launch of Resale Marketplace ‘Peloton Repowered’

Peloton Interactive Inc. (NASDAQ: PTON) saw its stock climb 11% before market close on Wednesday following the announcement of Peloton Repowered, a new resale marketplace aimed at expanding the company’s preowned equipment offerings. Launched on Tuesday and currently in beta, Peloton Repowered allows customers to buy and sell used Peloton bikes and accessories within select metro areas — specifically Boston, New York City, and Washington, D.C. T…

Peloton Launching Resale for Used Equipment

Peloton has launched an online marketplace for buying and selling used bikes, treadmills, and brand accessories, multiple news outlets reported this week. Dubbed Peloton Repowered, the marketplace — available in New York City; Washington, D.C.; and Boston — gives discounts on the used equipment activation fee to buyers, and discounts on Peloton equipment purchases to […]

Peloton Launches Reselling Marketplace For Used Bikes, Other Equipment

If your Peloton has become a clothes rack, you can now turn it into cash.Peloton launched its new reselling platform called Repowered on Tuesday, June 3. The online marketplace will allow customers to buy or sell used equipment.Repowered i…