Hints and tips:
...Planet Fitness owns and operates some of its gyms. But the bulk of its revenue comes from franchise fees and selling equipment to franchisees. Franchising is not riskless....
...Other large positions cut include crypto-firm Coinbase, internet retailer Warby Parker, music group Spotify and connected-fitness bet Peloton Interactive, according to the filings....
...VR really wants to create that other world for you: a virtual reality, a synthetic creation that we can escape to: a beautiful beach; or another planet; or no earth; or wherever you might want to go....
...There was also a $1.5bn unrealised loss on investments in “other companies” and Lex is already scrutinising Google's reported offer to acquire fitness device maker Fitbit....
...With spin studio business SoulCycle’s looming initial public offering, and the recent flotations of budget gym chain Planet Fitness and activity tracker maker Fitbit, interest has flared as investors tap...
International Edition