Vroom

Earnings Season Shows No Straight Path for Online Car Platform Profitability

Earnings Season Shows No Straight Path for Online Car Platform Profitability
Earnings Season Shows No Straight Path for Online Car Platform Profitability
November 14, 2023  |  Earnings

For the online car platforms that have promised to bring kicking the tires firmly into the digital age, profitability has been volatile, sometimes elusive.  Get...

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Porch Soars, Peloton Sinks and CE 100 Index Barely Budges With 0.4% Gain
Porch Soars, Peloton Sinks and CE 100 Index Barely Budges With 0.4% Gain
November 13, 2023  |  Connected Economy

The CE 100 Index added 0.4% in a wild week where double-digit declines and gains were the norm — earnings season continued to dominate the...

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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.  Get the Full Story Complete the...

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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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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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.  Get the Full...

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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. Get the Full Story Complete the form to unlock this article and...

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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.   Get the Full Story Complete the form to unlock this...

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