- Peloton is offering people a 90-day trial of its subscription workout app.
- In an earlier email to subscribers seen by The Verge, Peloton said its live classes would still continue, although without public attendees.
- It’s likely the sports tech firm’s 90-day free trial is aimed at people who’ll be stuck indoors for the next few months as the COVID-19 crisis worsens.
- Peloton’s stock price spiked 13% on Monday amid the coronavirus outbreak.
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Peloton is offering people a 90-day trial of its subscription workout app, as coronavirus precautions limit people’s ability to attend classes and gyms.
The trial, which doesn’t require people to own a Peloton-branded treadmill or bike, lets people try cycling, yoga, meditation, stretching, strength training, and other classes. One note: Peloton does ask for your card details if you sign up for the 90-day trial and you’ll be charged if you forget to cancel once that period is up.
Peloton’s unique selling proposition is its streamed live, group classes that people can take part in without leaving their homes.
In an earlier email to subscribers seen by The Verge, Peloton said its live classes would still continue, although without public attendees.
It's likely the sports tech firm's 90-day free trial is aimed at people who'll be stuck indoors for the next few months as the coronavirus crisis worsens.
Peloton's share price spiked 13% on Monday, amid the coronavirus breakout and the growing expectation that people would shun the gym and work out at home while locked down.
To date, there have been over 182,000 confirmed cases of COVID-19 - the disease caused by the coronavirus - around the world, and over 7,100 deaths. That's according to an interactive map created by Johns Hopkins University, which keeps abreast of cases reported by the WHO and other sources.
As of March 17, almost all US states have declared states of emergency in an attempt to speed up preventative measures, while France, Italy and Spain are among the European countries to have imposed nationwide lockdowns on their citizens.
Peloton did not immediately respond to Business Insider's request for comment.