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4 mins read
TVS Motor becomes more valuable than its peer Hero MotoCorp
Chennai-based automaker TVS Motor Company has achieved a milestone by becoming more valuable than i…
2 mins read
Peloton recalls more than 2 million of its original $1,400 bikes after reports that the seat posts can break, causing lacerations and bruises
Peloton announced it would do a voluntary recall of its original Peloton Bike sold from January 201…
Ben Tobin
2 mins read
These four drone company stocks gave record breaking returns in one year
The drone sector in India has remained muted for a while now despite many startups trying to find t…
2 mins read
Peloton surges 14% after it expands product portfolio with new bike, cuts price
The new products "will provide more affordable entry points to experience Peloton and address consu…
Matthew Fox
1 min read
The festival season is off to a sombre start for India's car and two-wheeler makers
The last few months of the year are dotted with festivities across India. Amidst celebrations, peop…
1 min read
New Peloton CEO Barry McCarthy denies reports that angry laid-off staffers crashed and cut short an all-hands meeting where he was introduced
In an interview with The New York Times, McCarthy refuted reports that an internal meeting announci…
Sarah Jackson
1 min read
Peloton's new CEO explains the difference between his management style and that of his predecessor, John Foley: 'You'll never hear me say we're a family'
"I love John's strengths, but I'm running the company," new Peloton CEO Barry McCarthy told NYT's D…
Sarah Jackson
11 mins read
The rise and fall of Peloton, from pandemic-era success story to its stock hitting a record low
Peloton's CEO Barry McCarthy is out after two years as the stock hit a record low. The fitness bran…
Avery Hartmans
1 min read
Peloton's flagship bike is now $400 cheaper
The Peloton Bike, the company's cheapest model, now costs $1,495 after a 20% price cut. It's the se…
Tim Levin
2 mins read
Peloton stock jumps 12% after CEO John Foley steps down and the company says it will slash 2,800 jobs
Peloton slashed full-year revenue guidance to $3.7 billion to $3.8 billion, down from a prior outlo…
Shalini Nagarajan
1 min read
Harley-Davidson restarts production, but the company is reportedly shipping 70% fewer bikes to dealers in 2020
Harley is reopening its factories this week at lower production rates and sending dealers a narrowe…
Matthew DeBord,Reuters
8 mins read
The Echelon EX5S is built to take on Peloton, and costs much less, but if you're after a budget-friendly exercise bike, there are better options
The Echelon EX5S Connect Bike is a connected bike with an extensive library of live and on-demand s…
Alex Kalogiannis
1 min read
Videos show that Tesla's Cyberquad for kids is starting to arrive — and the sold-out toy is selling for as much as $4,000 on Ebay
After Tesla's Cyberquad for kids sold out, resellers on eBay are betting that people are willing to…
Grace Kay
4 mins read
Only one of Harley-Davidson's electric bikes would qualify for a proposed tax credit. Here are 3 ways the 118-year-old company has committed to sustainability — and customer satisfaction.
Serial 1's unique business model offers premium electric bikes with sales support and services from…
Karen K. Ho
2 mins read
Peloton is still investigating how many of its bikes are rusting from the inside
A Financial Times investigation revealed that Peloton received a series of bikes from its supplier …
Mary Hanbury
2 mins read
Peloton sheds $8 billion in value after earnings show the reopening is hitting sales hard
"We underestimated the reopening impact on our company," Peloton chief John Foley told shareholders…
Harry Robertson
2 mins read
UberMOTO enters Gurgaon
“Uber today announced a pilot of Uber’s bikesharing product — 'UberMOTO' in Gurgaon... This follo…
2 mins read
You can now buy a Peloton bike on Amazon, thanks to a major new deal for the embattled fitness company
The partnership comes as Peloton has shifted its logistics strategy, slashing thousands of jobs and…
Avery Hartmans
2 mins read
Four years later, Sachin Bansal is still battling eight lawsuits from his Flipkart days
It has almost been four years since Sachin Bansal formally gave up all leadership responsibilities …
4 mins read
Harley-Davidson's new electric bikes signal an evolution in a growing industry. Here are 3 ways the 118-year-old company is committed to sustainability - and customer satisfaction.
Serial 1's unique business model offers electric bikes with sales support and services from Harley-…