What is Peloton and how does it work?

Peloton is a technology-driven fitness company that revolutionized home exercise through its innovative combination of hardware, software, and content. It designs premium stationary bicycles and treadmills integrated with large touchscreen displays that stream live and on-demand fitness classes led by professional instructors. Users purchase the equipment and then pay a subscription fee for access to the extensive library of workout classes across various disciplines, including cycling, running, strength training, yoga, and more. The workouts are interactive, featuring real-time performance tracking, leaderboards, and a community aspect that allows users to compete and connect with others. Peloton's ecosystem provides an immersive and engaging workout experience akin to attending a boutique fitness class from the comfort of one's own home.