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Digital Exercise Brands Get Pumped Up As In-Person Fitness Loses Muscle

PYMNTS

But that national network of body-sculpting palaces is in disarray today, with major chains including Gold’s Gym and 24-Hour Fitness filing for Chapter 11 relief due to the coronavirus pandemic, along with a slew of other operators from privately owned yoga studios to fitness centers. Peloton’s stock price doubled on that news.

Exercises 206
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China’s Tencent Is Researching Potential Company Cryptocurrency

PYMNTS

Tencent, which operates WeChat, one of the largest chat platforms in the world, recently teamed up with huge diamond mining firm ALROSA , as well as blockchain operation Everledger. The purpose is to introduce a brand new program for users that’s geared toward the diamond industry. The apps must comply by Dec.

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Homebound Consumers, Connected Fitness Revs Up Peloton Earnings

PYMNTS

consumers would not return to the gym anytime soon due to the pandemic, connected fitness brand Peloton smoked its quarterly earnings Wednesday (May 6), posting numbers that exceeded even the most bullish expectations. ” Other companies are benefitting from the home exercise increase. Predicting that U.S. percent year-over-year.

Exercises 159
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Strava’s Journey From Fitness App To Fitness Ecosystem

PYMNTS

Founded as an online portal for bicycling enthusiasts in 2009, Strava it bills itself as “the social network for athletes,” has taken in $70 million in funding and has “tens of millions of active users,” according to CEO James Quarles. Quarles is new to his job, having come on board last spring, but he is not new to social media.

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‘reCommerce’ Marketplaces Eye Sustainability, Partnerships

PYMNTS

Wainwright noted that the first step in automating its inbound operations involved pricing. While the company made much progress on pricing automation , Wainwright noted that it also exercises human oversight to ensure that it capitalizes on market opportunities. She also noted that a core value of the company is sustainability.

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The Smartphone Is Hurting India’s Women

PYMNTS

In fact, the smartphone in India is exacerbating the already wide gender gap between men and women, and the latter are now finding communication in the new mobile age harder along with finding work, improving their skills and exercising political rights. Girls are less likely to attend school and more likely to suffer from malnutrition.

Exercises 100
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Ten mega trends that will drive the future of payments

Accenture

In “Paradise Lost”, 17th-century English poet John Milton describes two types of warriors: One group are “employed in sporting games and exercises” and “sing in the valleys”, while the other group “rend up both rocks and hills”, “make wild uproar” and “ride the air in whirlwind”. The app quickly ramped up to $33.6

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