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Peloton ... if you build it, they will come

covid-19 pandemic
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With no sign that home workouts will fade out any time soon, Peloton cranked up its manufacturing capacity in a big way this week and it picked up a bunch of new fans on Wall Street.

The maker of high-end stationary bikes and accompanying monthly subscriptions said late Monday that it will spend $420 million to acquire Precor, a company whose fitness machines populate hundreds of commercial and hotel gyms.

The acquisition, Peloton's biggest to date, gives the company its first manufacturing capacity in the U.S., its biggest market, during a global pandemic that has people cancelling gym memberships and seeking ways to stay fit in the safety of their own homes.

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Ed-tech can bridge rural-urban learning gap
covid-19 pandemic. But could it be different if governments got more involved in the process? An example from China shows how state reforms to bring online tools in education can remove, rather than widen, disparity, if done right.In a new working paper published by National Bureau of Economic Research, Nivola Bianchi of Northwestern University and his co-authors explore the outcomes of China’s 2004 reforms that connected its best school teachers to 100 million rural students through computer-aided learning.Before the reforms, rural schools in China lacked quality teachers, and the good ones in urban areas were reluctant to relocate.
China covid-19 pandemic Government
COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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