Okay kiddo, so do you know what a bike is? It's like a thing with pedals that you ride to go places, right? Well, a Peloton is a special kind of bike that you can ride inside your house, like in your living room or bedroom.
But the cool thing about a Peloton is that it has a screen on it, kind of like a tablet or TV, and it shows you all kinds of different virtual places to ride your bike. You can imagine you're riding through a city, or through the mountains, or even on a beach!
And to make riding your Peloton even more fun, you can join virtual classes with other people who also have Pelotons. A teacher (who you can see on the screen) will lead the class and play music to motivate you to pedal harder and faster.
So basically, a Peloton is a bike you can ride inside your house with a screen that shows you cool places, and you can join classes with other people to make it even more fun!