ClassPass, the app that gives you access to different fitness classes around your city for a monthly rate, just made its first acquisition. Fitmob, a competitor with $14.8 million of its own funding, will be joining the ClassPass family to increase its network of gyms and studios. Terms of the deal were not disclosed. It was just in February that Fitmob bought one of its rivals itself, yet another gym class subscription company called Gymsurfing. We’re seeing some Russian nesting doll consolidation.
This article originally appeared on Recode.net.
We have a request
Vox's journalism is free because we believe that everyone deserves to understand the world that they live in. That kind of knowledge helps create better citizens, neighbors, friends, parents, consumers and stewards of this planet. In short, understanding benefits everyone. You can join in on this mission by making a financial gift to Vox today. Reader support helps keep our work free, for everyone. Will you join us?
Yes, I'll give $120/year
Yes, I'll give $120/year
We accept credit card, Apple Pay, and
Google Pay. You can also contribute via
