Peloton Announces Expansion Into Australia

Global Fitness Platform Continues International Growth in 2021

March 8, 2021 4:30 PM EST

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

NEW YORK, March 8, 2021 /PRNewswire/ -- Peloton, the leading interactive fitness platform that pioneered connected, technology-enabled fitness, today announced plans to launch in Australia, marking the brand's entry to the Asia Pacific Region.

Founded in New York City, Peloton brings the energy and benefits of studio-style workouts to the comfort and convenience of home. An innovator at the nexus of fitness, technology and media, Peloton introduced its category-creating indoor Bike in 2014. Today, Peloton has a product portfolio that features two Bike options, two Tread options, as well as a robust Digital Membership, providing a full slate of fitness offerings.

For its Australian debut, Peloton will introduce the original Peloton Bike loved by millions, the Peloton Bike+ providing the ultimate experience in cardio and strength, and the Peloton App, with content across 10+ fitness disciplines including indoor cycling, running (outdoor and indoor), cardio, strength, yoga and more. Australian consumers will be able to choose from thousands of game-changing workouts with real-time motivation and curated playlists featuring their favourite artists, including Beyoncé and The Beatles.

Peloton's official launch in Australia is slated for the second half of 2021, where consumers will be able to purchase the Peloton Bike and the Peloton Bike+ online or through the brand's physical retail showrooms across key Australian cities, including Sydney and Melbourne. These interactive showrooms will provide an opportunity for consumers to experience Peloton firsthand and learn more about the live studio experience they can bring home.

"Health, fitness and sport is a central part of Australia's DNA, which is why it was a natural decision to launch Peloton in Australia as our first foray into the Asia Pacific region," said Kevin Cornils, Managing Director, International for Peloton. "Our global growth is fuelled by our passionate, growing community of over 4.4 million Members who choose Peloton as their go-to fitness solution, anytime, anywhere. We cannot wait to share more details in the coming months about how Australians can experience what has become a global fitness phenomenon."

The Peloton Bike and Bike+ will cost $2,895 and $3,695 AUD respectively (including GST). The All-Access Membership, which enables Members to access Peloton content using the Peloton Bike or Peloton Bike+ and create accounts for the entire household, will be $59 AUD per month. The Peloton App, which hosts an expansive library of content that requires no Peloton equipment, is included with the All-Access Membership.

Potential Peloton Members in Australia can register their interest to be first in line for deliveries or just to receive further information on timing and launch plans at onepeloton.com.au.

About Peloton

Peloton is the leading interactive fitness platform, with a loyal community of more than 4.4 million Members. The company pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its Members anytime, anywhere. Peloton makes fitness entertaining, approachable, effective, and convenient, while fostering social connections that encourage its Members to be the best versions of themselves. An innovator at the nexus of fitness, technology, and media, Peloton has reinvented the fitness industry by developing a first-of-its-kind subscription platform that seamlessly combines the best equipment, proprietary networked software, and world-class streaming digital fitness and wellness content, creating a product that its Members love. The brand's immersive content is accessible through the Peloton Bike, Bike+,Tread, Tread+ and Peloton App, which allows access to a full slate of fitness classes across disciplines, on any iOS or Android device, Apple TV, Fire TV, Roku TVs, and Chromecast and Android TV. Founded in 2012 and headquartered in New York City, Peloton has a growing number of retail showrooms across the US, UK, Canada and Germany. For more information, visit www.onepeloton.com.

Media Contact:

Maria José CrousillatDirector, International Communicationspress@onepeloton.com.au

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/peloton-announces-expansion-into-australia-301242420.html

SOURCE Peloton



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

PRNewswire, Press Releases