• Peloton is introducing a $95 “used equipment activation fee” for bikes purchased from outside its official channels in the US and Canada, aiming to boost revenue and maintain onboarding quality for new subscribers.
  • The fee has sparked criticism as it reduces the cost savings typically associated with buying secondhand equipment and diverges from practices in other industries, potentially discouraging used market purchases.
  • Peloton’s hardware sales continue to decline, but subscription revenue has seen slight growth; the company still faces financial struggles despite cost-cutting measures and layoffs.
  • RangerJosie@lemmy.world
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    4 months ago

    So you’re saying there will soon be a scene dedicated to cracking Peloton software.

    Cuz that’s what I’m hearing.

    • Glytch@lemmy.world
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      4 months ago

      Already exists. The Peloton subreddit has a guide on rooting your bike and installing custom apks.