Vroom

Digital Automotive Platforms Add Features and Cut Costs Amid Challenges 
Digital Automotive Platforms Add Features and Cut Costs Amid Challenges 
November 09, 2023  |  Earnings

Digital automotive platforms are adding features and cutting costs as they continue to cope with a challenging economic environment.  CarGurus executives said Tuesday (Nov. 7) during...

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BMW Tapping D2C as Auto Companies Turn to Omnichannel
BMW Tapping D2C as Auto Companies Turn to Omnichannel
October 19, 2023  |  eCommerce

BMW Group is dipping its toe in the water with direct-to-consumer (D2C) sales, beginning with its Mini brand, as the auto industry increasingly integrates eCommerce....

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CE 100 Index Slips 1.3% as Bank Earnings Dominate
CE 100 Index Slips 1.3% as Bank Earnings Dominate
October 16, 2023  |  Connected Economy

Banking names grabbed the bulk of headlines for the CE 100 Index as earnings season officially got underway. The CE 100 Index lost 1.3% through...

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Adyen’s 44% Plunge Drives CE 100 Index Lower 
Adyen’s 44% Plunge Drives CE 100 Index Lower 
August 21, 2023  |  Connected Economy

All of the pillars are down — again. Companies are seeing double-digit plunges — again.  The CE 100 Index continued its slide, where all segments...

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CE100 Index Dips 2.6%, Led by Vroom’s Post-Earnings Skid
CE100 Index Dips 2.6%, Led by Vroom’s Post-Earnings Skid
August 14, 2023  |  Connected Economy

Vroom and Roblox were notable double-digit decliners, more than offsetting the positive impact of stock surges seen from the likes of Cogent.  The CE 100...

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Vroom Says ‘Aged’ Cars Made Up 80% of Sales
Vroom Says ‘Aged’ Cars Made Up 80% of Sales
August 09, 2023  |  Earnings

Online car-buying platform Vroom said its inventory troubles should turn a corner later this year. As PYMNTS reported earlier this year, Vroom and other companies in the...

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CE 100 Index Sheds 1.1% as Affirm, Sezzle Losses Offset FIS Sizzle 
CE 100 Index Sheds 1.1% as Affirm, Sezzle Losses Offset FIS Sizzle 
July 10, 2023  |  Connected Economy

The CE 100 Index lost 1.1% in a shortened holiday week, with payments-focused names declining.   Only two segments gained ground through the four trading sessions...

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CE 100 Index Soars 4.1% as Vroom, iRobot and WeWork Rally 
CE 100 Index Soars 4.1% as Vroom, iRobot and WeWork Rally 
June 18, 2023  |  Commerce Connected

The Federal Reserve has signaled it will pause rate hikes.  In the meantime, the U.S. consumer keeps spending.  Economic data released over the past few...

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CE 100 Stock Index Up 0.9% as Vroom and eCommerce’s Temu Parent Firm Gain Ground
CE 100 Stock Index Up 0.9% as Vroom and eCommerce’s Temu Parent Firm Gain Ground
June 12, 2023  |  Connected Economy

The third quarter winds its way into the last few weeks of its final month.   And in the latest weekly showing, the CE 100 Index...

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