DIGITAL FITNESS IS ON A RUN

Digital fitness is on a run, literally, as training at home becomes the new normal. Peloton’s Q4 earnings showed a 172% YoY jump in revenue, and its connected subscribers were up 113% YoY, Apple announced Fitness Plus, its new virtual fitness product, and Zwift, an indoor training app, reached unicorn status after a USD 450 million funding round.

business, technologyNicki Lange17 September 2020apple, amazon, zwift, peloton, tonal, mirror, fitbit, hydrow, l catterton, kkr, permira, venture capital, private equityComment