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British Peloton rival used by Team GB up for sale amid funding crunch

Telegraph
Summary
Nutrition label

70% Informative

Company has been surviving on short-term financing since post-Covid cycling boom ground to a halt.

Turnover at Wattbike slumped from 32.2 m in 2021 to 20.5 m in 2022 , then 13.7 m last year .

Losses have totalled more than 16 m over the last two years .

VR Score

64

Informative language

60

Neutral language

31

Article tone

semi-formal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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