Exercise apps exhaust market before race starts

📆 9/17/2020 4:28 PM
📰 Breakingviews

⏱ Reading Time:
13 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Training platform Zwift is taking advantage of the lockdown fitness frenzy. But the exercise subscription glut may exhaust the market for at-home workout junkies, writes Three_Guineas.

Online fitness training platform Zwift raised $450 million in a series C investment round led by private equity firm KKR, the California-based company said on Sept. 16. This values the firm at over $1 billion.

The app uses three-dimensional technology to help cyclists and runners train. It has over 2.5 million accounts registered in 190 countries, according to the company, and the app has been downloaded over 500,000 times from the Google Play store.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How to start a side hustle online to make extra money from home - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Hey there, most people don’t fully understand of this method that makes it possible to pull in money online! Let me show you how. You NEED to before the free offer ends!
Source: BusinessInsider - 🏆 729. / 51 Read more »