Peloton has confidentially filed for an initial public offering in the US that would follow $995m of equity funding and provide exits for Comcast and Grace Beauty.
Peloton Interactive, a US-based video fitness service backed by mass media group Comcast NBCUniversal and cosmetics vendor Grace Beauty, filed confidentially for an initial public offering yesterday.
The announcement confirmed reports in February 2019 that the company was recruiting investment banks and hoped to float in the second half of the year.
Founded in 2012, Peloton operates a home exercise platform that combines a customised exercise bike or treadmill with daily workout videos displayed on a screen attached to…
