The Amazon Prime bike is manufactured in partnership with Echelon, a company that also competes with Peloton. The Amazon Prime bike price point comes in at $499. The bike doesn’t have a screen built in between the handlebars, but you can use a laptop or an iPad to access the app for cycling classes available.
In other Fitness news, Lululemon just Mirror a 500-million-dollar valuation. Peloton has done extremely well during Covid-19 with sales soaring up 172%. Gyms are closing all around the United States do to force closures from the pandemic. Gold’s Gym, 24 Hour Fitness, filed bankruptcy earlier this year and Flywheel spinning studio also declared bankruptcy.
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