Cazoo

Europe VC Dealmaking Slows in Q3, Startups Turn to Buyouts as Markets Cool

Europe VC Dealmaking Slows in Q3, Startups Turn to Buyouts as Markets Cool
Europe VC Dealmaking Slows in Q3, Startups Turn to Buyouts as Markets Cool
November 03, 2022  |  Investments

Despite a continent-wide economic slowdown and comparatively deflated financial markets, Europe is on track to match last year’s record-breaking venture capital (VC) activity, which saw over...

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UK Car Retailer Cazoo Ditches EU Market to Ease Path to Profitability
UK Car Retailer Cazoo Ditches EU Market to Ease Path to Profitability
October 27, 2022  |  Earnings

Following last month’s announcement that it is pulling out of the mainland European market to focus its attentions on the United Kingdom, British online auto...

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Businesses Abandon Mainland Europe to Focus on Post-Brexit Britain
Businesses Abandon Mainland Europe to Focus on Post-Brexit Britain
September 11, 2022  |  Europe

In the run-up to the 2016 Brexit referendum, one of the key arguments used by the “Leave” campaign was that freedom from the influence of...

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EMEA Daily: Cazoo Pulls Out of EU; Pleo Teams With Yapily
EMEA Daily: Cazoo Pulls Out of EU; Pleo Teams With Yapily
September 08, 2022  |  Europe

Today in Europe, the Middle East and Africa, the online car seller Cazoo announced that it would wind down its business in mainland Europe and...

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Cazoo Pulls Out of EU to Focus on UK Market
Cazoo Pulls Out of EU to Focus on UK Market
September 08, 2022  |  eCommerce

Following a strategic review of its business in mainland Europe, online car seller Cazoo is foreclosing its operations in the European Union in order to...

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EMEA Daily: Half a Million People Take Advantage of Mortgage Holiday in First Two Days of Initiative; Tabby Picks up $150M Loan From PFG and Atalaya
EMEA Daily: Half a Million People Take Advantage of Mortgage Holiday in First Two Days...
August 03, 2022  |  Europe

In today’s top news from Europe, the Middle East and Africa (EMEA), half a million Polish mortgage holders took advantage of a new government scheme...

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Cazoo ‘Laser-Focused on Profitability’ as Shares Surge Nearly 200% Post Upbeat Q2 Results
Cazoo ‘Laser-Focused on Profitability’ as Shares Surge Nearly 200% Post Upbeat Q2 Results
August 02, 2022  |  eCommerce

Investors’ tendency to slash the valuations of unprofitable businesses when the macroeconomic winds aren’t blowing their way is understandable. But for companies that are feeling...

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EMEA Daily: eCommerce Car Retailer Cazoo Moves Into Italian Market
EMEA Daily: eCommerce Car Retailer Cazoo Moves Into Italian Market
June 22, 2022  |  Europe

In today’s top stories from Europe, the Middle East and Africa, online car retailer Cazoo has moved into Italy with its eCommerce car-buying and -selling...

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