Vroom said on Tuesday (Dec. 15) that it has entered into a definitive deal to buy artificial intelligence (AI)-fueled analytics and digital services company CarStory...
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...
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...
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...
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,...
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...
Analytics firm Dun & Bradstreet has launched an initial public offering (IPO), with Goldman Sachs & Co. LLC, BofA Securities, J.P. Morgan and Barclays acting...
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...