Share this @internewscast.com

Peloton Interactive and TikTok are teaming to develop fitness content, the exercise equipment maker and social platform said Thursday.

The partnership marks the first time that Peloton will produce custom social content for use outside its own network, according to to the New York company and China’s TikTok said. The co-branded hub, which will be available in Canada, the U.S. and the U.K., will show dedicated Peloton content, including live classes and celebrity collaborations.

The deal comes six months into a rebranding effort by Peloton, which last year launched a tiered pricing strategy for its app as it tries to broaden its audience beyond customers willing and able to buy its costly fitness equipment. 

Peloton’s stock price leapt more than 15% following the announcement and closed 14% higher at $6.13 per share. Still, the company’s standing on Wall Street is a far cry from 2020, when its shares hit more than $160, taking a precipitous drop since then and tanking more than 20% in the last year alone.

Peloton enjoyed strong consumer demand for its stationary bikes and treadmills during the pandemic, but that appetite dissipated as the virus faded and people returned to the gym or took up other hobbies. 

China’s TikTok has more than 1 billion active users around the globe, with thousands of communities devoted to fitness activities, according to the companies.


Share this @internewscast.com
You May Also Like

7 Low-Impact Exercises That Burn Fat Without Stressing Your Joints

Aging brings many valuable perks, such as greater wisdom, richer experiences, and…

The Hidden Dangers of Checking Your Phone First Thing in the Morning

Why Skipping Your Phone in the Morning Boosts Your Energy and Focus.…

Best Foods, Drinks & Exercises to Prevent Osteoporosis Naturally—No Medication Needed

Prevent Osteoporosis Without Meds: Osteoporosis is a common yet serious condition characterized…

Latissimus Dorsi: Exercises and Stretches to Strengthen Your Lats

The latissimus dorsi muscles, commonly just called “the lats,” are the two…

The two ingredient drink hospital medics swear by to instantly relieve constipation: 'It's better than laxatives'

A hospital medic has shared a science-backed constipation cure in a mega-viral…

Effects of Starting a Nighttime Exercise Routine on Your Body

If you still think that exercising before bed is interfering with your…

What Are the Potential Consequences of Not Sweating?

Sweating can be very irritating – bacteria can stick together and make…

6 Bodyweight Moves That Melt Belly Fat Faster Than Cardio

These days, experts unanimously agree: Bodyweight moves are more effective in melting…

Food is 'nutritional powerhouse' rich in protein and boosts heart health

Lentils can be used in many dishes (Image: lacaosa via Getty Images)…

The Surprising Cancer Connection to a Common Superfood in Your Pantry

A snacking staple could be behind the rise of cancer in the…

7 Foods That Help You Lose Weight Faster Than Avocados

When it comes to weight loss, avocados have had their time in…

Boy George shows off his new slimline look as he attends the opening night of Broadway show – after admitting to using weight loss drug Mounjaro

Boy George showed off his new slimline look as he attended the…