Peloton is only raising the bar for itself, in the midst of the coronavirus pandemic, and CEO John Foley says it is aiming to have 100 million paying subscribers.
Peloton CEO John Foley says the fitness company is aiming to have 100 million paying subscribers one day.
"There's close to 200 million gym-goers in the world," the CEO said. "That's 200 million people paying hard money, month after month, to access what we believe to be inferior fitness equipment in an inferior location." "100 million subscribers, we believe is a reasonable goal," Foley said Tuesday during Peloton's first investor meeting as a public company, which was held virtually. "There's close to 200 million gym-goers in the world. That's 200 million people paying hard money, month after month, to access what we believe to be inferior fitness equipment in an inferior location.", up 113% from a year earlier, and roughly 3.
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