{"id":1088,"date":"2024-01-04T22:30:48","date_gmt":"2024-01-04T22:30:48","guid":{"rendered":"https:\/\/ventil.rs\/blog\/health\/peloton-shares-jump-as-it-partners-with-tiktok-on-fitness-content\/"},"modified":"2024-01-04T22:30:48","modified_gmt":"2024-01-04T22:30:48","slug":"peloton-shares-jump-as-it-partners-with-tiktok-on-fitness-content","status":"publish","type":"post","link":"https:\/\/ventil.rs\/blog\/health\/peloton-shares-jump-as-it-partners-with-tiktok-on-fitness-content\/","title":{"rendered":"Peloton shares jump as it partners with TikTok on fitness content"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"article-0\">\n<section class=\"content__body\">\n<p>Peloton Interactive and TikTok are teaming to develop fitness content, the exercise equipment maker and social platform said Thursday.<\/p>\n<p>The partnership marks the first time that Peloton will produce custom social content for use outside its own network, according to to the New York company and China&#8217;s TikTok said. The co-branded hub, which will be available in Canada, the U.S. and the U.K., will show dedicated Peloton content, including live classes and celebrity collaborations.<\/p>\n<p>The deal comes six months into a rebranding effort by Peloton, which last year launched a tiered pricing strategy for its app as it tries to broaden its audience beyond customers willing and able to buy its costly fitness equipment.\u00a0<\/p>\n<aside class=\"newsletter_signup \">\n<figure class=\"embed embed--type-newsletter-widget embed--float-none embed--size-large embed--type-iframe\" data-ads=\"{\" wordcount=\"\">\n<\/figure>\n<\/aside>\n<p>Peloton&#8217;s stock price leapt more than 15% following the announcement and closed 14% higher at $6.13 per share. Still, the company&#8217;s standing on Wall Street is a far cry from 2020, when its shares hit more than $160, taking a precipitous drop since then and tanking more than 20% in the last year alone.<\/p>\n<p>Peloton enjoyed strong consumer demand for its stationary bikes and treadmills during the pandemic, but that appetite dissipated as the virus faded and people returned to the gym or took up other hobbies.\u00a0<\/p>\n<p>China&#8217;s TikTok has more than 1 billion active users around the globe, with thousands of communities devoted to fitness activities, according to the companies.<\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n<p><h3 class=\"component__title\">More from CBS News<\/h3>\n<\/p>\n<\/aside>\n<p><!-- tags --><\/p>\n<div class=\"content-author\">\n    <a href=\"https:\/\/www.cbsnews.com\/search\/author\/kate-gibson\/\" class=\"content-author__name\" data-invalid-url-rewritten-http=\"\">Kate Gibson<\/a><\/p>\n<div class=\"content-author__bio\">\n<div class=\"content-author__full-information\">\n<p class=\"content-author__text\">Kate Gibson is a reporter for CBS MoneyWatch in New York.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/section>\n<div id=\"soft-login-gate\" class=\"lazyload soft-login-gate\" data-soft-login-gate-options=\"{\" url=\"\" data-smart-banner-options=\"{\" cookiename=\"\" data-component=\"[\" soft-login-gate=\"\">\n<p>Thanks for reading CBS NEWS. <\/p>\n<p>Create your free account or log in <br \/>for more features.<\/p>\n<\/div><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/tiktok-peloton-fitness-app\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Peloton Interactive and TikTok are teaming to develop fitness content, the exercise equipment maker and social platform said Thursday. The partnership marks the first time that Peloton will produce custom social content for use outside its own network, according to to the New York company and China&#8217;s TikTok said. The co-branded hub, which will be&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/ventil.rs\/blog\/health\/peloton-shares-jump-as-it-partners-with-tiktok-on-fitness-content\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Peloton shares jump as it partners with TikTok on fitness content&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":1089,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/assets2.cbsnewsstatic.com\/hub\/i\/r\/2023\/01\/05\/9641f38e-cd62-471a-a916-46ae2d991646\/thumbnail\/1200x630\/f251cd12d71d632f9e940f0938fc76cc\/peloton.jpg?v=3638d056f7798fc8425d74271bc0b398","fifu_image_alt":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-1088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.8 (Yoast SEO v22.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Peloton shares jump as it partners with TikTok on fitness content - Breaking News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ventil.rs\/blog\/health\/peloton-shares-jump-as-it-partners-with-tiktok-on-fitness-content\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Peloton shares jump as it partners with TikTok on fitness content\" \/>\n<meta property=\"og:description\" content=\"Peloton Interactive and TikTok are teaming to develop fitness content, the exercise equipment maker and social platform said Thursday. The partnership marks the first time that Peloton will produce custom social content for use outside its own network, according to to the New York company and China&#8217;s TikTok said. 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