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Peloton: Riding off a cliff (Part 1)

Corporate Gossip

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Peloton CEO John Foley says the company is focused on growth over profitability. "We think we are playing chess where others are, to be honest, aren't even playing checkers," he said in an interview with CNN's iReport. The ride-hailing service has raised more than $1 billion since it launched last year.

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