Playlist Seals $7.5B Fitness Merger, Redefines Wellness
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Playlist, the parent company of Booker, ClassPass, and Mindbody, has merged with EGYM to create a $7.5 billion fitness powerhouse. This deal includes EGYMs smart gym gear, AI workout plans, and Wellpass corporate wellness platform. The merger, which closed on Tuesday, connects millions of users across over thirty countries and links more than 120,000 businesses. The fitness industry is seeing a trend of consolidations, and Playlists new cash infusion from investors like Jared Kushners Affinity Partners will fund AI rollouts and expansion into North America and Asia.
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