Peloton launching resale market for used bikes, treadmills
1. Peloton launched Repowered for reselling used equipment to boost growth. 2. Sellers receive 70% of sales; AI assists in pricing. 3. Resale market growth indicates increased subscription potential for Peloton. 4. Launch starts in NYC, Boston, and DC; nationwide plans are in place. 5. Repowered competes with Facebook Marketplace and Trade My Stuff.