Peloton to stop making bikes itself

1 min read . Updated: 12 Jul 2022, 06:14 PM IST COLIN KELLAHER, The Wall Street Journal

Maker of connected fitness equipment aims to simplify its supply chain, cut cost structure

Peloton Interactive Inc. on Tuesday said it plans to exit all the manufacturing operations it owns as the maker of connected fitness equipment works to simplify its supply chain and reduce its cost structure.