Online automobile eCommerce startup Vroom is moving to acquire automotive finance firm United Auto Credit Corporation (UACC) for $300 million in an all-cash transaction, according...
Vroom posted results that showed continued traction in buying and selling vehicles online, particularly through the platform model. In terms of the headline numbers, the...
Online, increasingly, is where the rubber meets the road. Vroom will report earnings on Wednesday (May 12) and likely will show that the connected economy...
In today’s top news, FIS launched a real-time, account-to-account (A2A) payments platform, and Apple reported subscriptions and services were up in the first quarter of...
Americans have always had a love affair with the car, which was first coined in 1961 as part of a television series designed to intensify that passion....
There are a lot of things U.S. consumers associate with the car buying experience. For example, a 2020 report from the Federal Trade Commission suggested...
In today’s top news, Amazon opened its first physical cashierless store outside of North America, and Twitter is adding “Shop” buttons to some tweets. Plus,...
Vroom reported fourth-quarter results that showed increased use of online channels to buy used cars. In terms of headline numbers, Vroom said that revenues came...
The U.S. market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. Connected-commerce companies...