"Completely ridiculous."
  • 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.
  • Pika@sh.itjust.worksEnglish
    6·
    3 months ago

    Is this even legal in some other countries outside of the US and Canada lol, I know there is some countries out there with quite strict consumer protection and I’m pretty sure second hand Market is one of the more regulated ones