Peloton (PTON) Announces Expansion Into Australia
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Peloton (PTON) to Launch in Australia in H2 2021, Analysts See Expansion as a Sign of Supply Chain Improvement
March 9, 2021 8:44 AM ESTPeloton (NASDAQ: PTON) announced it will expand to Australia in the second half of this year. The company will offer its Peloton Bike, the Peloton Bike+ and the Peloton App to its Australian customers.
Besides an online push, PTON is also planning to open showrooms across key Australian cities, including Sydney and Melbourne.
"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,... More
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March 8, 2021 4:42 PM ESTPeloton (NASDAQ: PTON) Climbs 9.5% Post-Market
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