"Peloton announced a one-time $95 (or $125 CAD) 'used equipment activation fee' for customers purchasing secondhand machines directly from previous owners to ensure a high-quality onboarding experience."
"This fee is not just about onboarding; it serves as a source of incremental revenue and gross profit for Peloton amid efforts to recover from recent struggles."
"Despite initial savings from buying secondhand Peloton Bikes priced around $300-$500, customers still incur a $44 monthly membership fee for accessing Peloton's content."
"Peloton's earnings call revealed positive signs of recovery, with shares rising over 15 percent and a narrowing loss of $30 million compared to $241 million year-over-year."
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