(Reuters) – Peloton Interactive Inc (O:) is exploring apps for Amazon.com Inc’s (O:) Fire TV and Apple Inc’s (O:) Watch, Bloomberg reported on Wednesday, citing people familiar with the matter.
The treadmill and exercise bike-maker is also planning for a cheaper treadmill, rowing machine for the next year, according to the report. (https://bloom.bg/2rA6U6u)
Peloton is known for its on-demand workout program on exercise bikes which allow riders to join virtually with other participants.
The company’s shares fell 7.5% earlier this month after it forecast a loss for fiscal 2020 in its first earnings, following a disappointing market debut in September.
Peloton did not immediately respond to a Reuters request for comment.
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