"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.
  • RangerJosie@lemmy.worldEnglish
    381·
    3 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.worldEnglish
      30·
      3 months ago

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