Amazon and Nike reportedly thinking of buying Peloton
According to a source familiar with the situation, Peloton Interactive Inc has attracted interest from potential purchasers, including e-commerce behemoth Amazon.com Inc, as the exercise bike company struggles to maintain pandemic-fueled expansion. Peloton's stock soared 30% in extended trading following the announcement, which came days after activist investor Blackwells Capital asked the company's board to sell it.
Source: techstory.in