CNN – Business
Amazon and Nike are exploring bids for Peloton, report says – (CNN)Peloton (PMCCF) Interactive Inc has drawn interest from potential buyers including e-commerce giant Amazon (AMZN), according to a person familiar with the matter, as the exercise bike maker struggles to maintain pandemic-fueled growth. Pelotons sales boomed during Covid-19 lockdowns, with many snapping up home fitness equipment. But its fortunes began …