Vroom

Car Buyers and Sellers Prefer To ‘Click The Tires’ In The COVID Era
Car Buyers and Sellers Prefer To ‘Click The Tires’ In The COVID Era
October 19, 2020  |  eCommerce

COVID-19’s economic impacts continue to roil the auto industry, but rather than hurt sales, the pandemic is just increasingly moving them to digital channels. The age-old process...

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Wall Street’s Pullback Shows Hot IPOs’ Inherent Risks
Wall Street’s Pullback Shows Hot IPOs’ Inherent Risks
September 03, 2020  |  IPO

At what point is the word “overheated” an understatement? Thursday’s steep U.S. stock market selloff — with major indexes down as much 5 percent despite...

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Today In Payments: DoorDash Moves Ahead With IPO Plans; JPMC Plans UK Digital Lender Launch In 2021
Today In Payments: DoorDash Moves Ahead With IPO Plans; JPMC Plans UK Digital Lender Launch...
August 24, 2020  |  News

In today’s top news, DoorDash plans to go public by the end of the year, and JPMorgan Chase reportedly plans to launch a digital bank...

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Vroom CEO: Selling Cars Online Takes More Than Just Having A Website
Vroom CEO: Selling Cars Online Takes More Than Just Having A Website
August 24, 2020  |  Merchant Innovation

U.S. car culture has been making a big comeback, driven by a global pandemic that’s pushed a major restructuring of many consumers’ lives. After all,...

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Vroom Stock Dives As Q3 Outlook Falls Short
Vroom Stock Dives As Q3 Outlook Falls Short
August 13, 2020  |  Earnings

Vroom Inc.’s stock fell by 18 percent at the opening Thursday (Aug. 13) as the New York City-based eCommerce car company beat estimates but its...

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Analytics Firm Dun & Bradstreet Launches IPO
Analytics Firm Dun & Bradstreet Launches IPO
June 25, 2020  |  IPO

Analytics firm Dun & Bradstreet has launched an initial public offering (IPO), with Goldman Sachs & Co. LLC, BofA Securities, J.P. Morgan and Barclays acting...

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Online Auto Rides Unlikely Wave Of Success
Online Auto Rides Unlikely Wave Of Success
June 10, 2020  |  Retail

With Vroom motoring its way to a high-valuation IPO, it’s a good time to take stock of how a digital model for buying cars survived...

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Vroom’s Shares Surge Following IPO
Vroom’s Shares Surge Following IPO
June 09, 2020  |  IPO

Online auto retailer Vroom Inc. saw its shares more than double on Tuesday (June 9) on their first day of trading following the company’s initial public...

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Lemonade, Vroom And Shift4 Payments IPOs Show Wall Street Is Embracing The Digital Leap
Lemonade, Vroom And Shift4 Payments IPOs Show Wall Street Is Embracing The Digital Leap
June 09, 2020  |  Markets

It would have been inconceivable just a few weeks ago to think that U.S. stocks would rebound the way they have, with the S&P 500...

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