this post was submitted on 23 Aug 2024
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  • 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.
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[–] Batman@lemmy.world 79 points 4 months ago (3 children)

For everyone with a peloton, you can flash the bike with an aftermarket software.

[–] LemmyFeed@lemmy.world 61 points 4 months ago

HACK THE PLANET!!

[–] bigkahuna1986@lemmy.ml 41 points 4 months ago (1 children)

flash the bike with an aftermarket software.

Not a phrase I'd ever thought I'd hear.

[–] anivia@lemmy.ml 1 points 4 months ago

Given how ebikes are becoming more popular every year, and all manufacturers are locking them down with canbus, you're gonna hear that phrase a lot in the future

[–] blindbunny@lemmy.ml 15 points 4 months ago

Zwift or TrainerRoad