Carvana

Carvana is an online used car retailer and technology business based in Tempe, Arizona.

Source: en.wikipedia.org

Carvana Revenue Up 200 Pct As Used Cars Remain Hot
Carvana Revenue Up 200 Pct As Used Cars Remain Hot
August 06, 2021  |  Retail

Online car dealership Carvana’s revenue went up almost 200 percent in the second quarter of 2021 from the same time a year ago, and the...

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Carvana Invests $500 Million In New Facilities And Staff
Carvana Invests $500 Million In New Facilities And Staff
March 17, 2021  |  Business

Carvana, the online used car dealership, has invested $500 million to hire new employees and open new facilities, as the company bets on its pandemic-era...

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Carvana Sells More But Spends More As Effort To Meet Demand Proves Costly
Carvana Sells More But Spends More As Effort To Meet Demand Proves Costly
February 26, 2021  |  Earnings

Carvana, the fastest growing and second largest seller of used cars in the country, said Thursday (Feb. 25) it set several sales and profitability records...

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Today In Retail: Wayfair Exceeds Estimates; Carvana Sales Surge; SA Company Pivots With Pandemic
Today In Retail: Wayfair Exceeds Estimates; Carvana Sales Surge; SA Company Pivots With Pandemic
November 03, 2020  |  Retail

These are the top stories in retail for Tuesday (Nov. 3). Wayfair, Home Furnishings Sector Looks Past COVID Winter Bloomberg reported this week that Boston-based...

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Fast And Furious: Used Car Sales Surge For Carvana During Pandemic
Fast And Furious: Used Car Sales Surge For Carvana During Pandemic
November 03, 2020  |  Retail

The automotive market is surging during the pandemic, and companies like Carvana are reaping the benefits. The company reported a stellar third quarter last week,...

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Carvana Posts 13 Pct Hike In Revenue Over 2019
Carvana Posts 13 Pct Hike In Revenue Over 2019
August 05, 2020  |  Earnings

Carvana, which works in the market of selling used cars online, announced its revenue was sitting at $1.12 billion and that it had sold 55,098...

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Carvana Rolls Out CarvanaACCESS Direct-Purchase Platform
Carvana Rolls Out CarvanaACCESS Direct-Purchase Platform
June 25, 2020  |  Retail

To let franchised and independent auto dealers purchase wholesale vehicles, Carvana has rolled out a direct-purchase platform called CarvanaACCESS. Trade-ins in addition to other wholesale...

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Are Digital Auto Sales The Shape Of The Future Or Just A Temporary Detour?
Are Digital Auto Sales The Shape Of The Future Or Just A Temporary Detour?
June 15, 2020  |  Retail

As the global pandemic closed U.S. businesses nationwide, car dealerships found themselves facing a crisis because consumers could no longer stop by the showroom for...

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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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