Peloton Announces Big Decision on Bikes, Fitness Equipment

Peloton could change the way people approach the secondary market for gym equipment.

On Tuesday, Peloton launched its own marketplace for members looking to resell their "pre-loved Peloton pieces." An AI-powered tool will suggest prices for each item, but sellers will have the final say on what they're looking to get in return. 

This move from Peloton comes at a time where the resale market for gym equipment is on the rise. By launching their own marketplace, Peloton is providing members...