Vroom

Vroom Slides as Vehicle Pricing Fails to Offset Higher Acquisition Costs
Vroom Slides as Vehicle Pricing Fails to Offset Higher Acquisition Costs
March 01, 2022  |  Earnings

Vroom’s latest quarterly results showed continued strength in used vehicle eCommerce sales, but a pinch on margins as the firm’s pricing of those vehicles was...

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Vroom Announces $296M Loan Securitization
Vroom Announces $296M Loan Securitization
February 10, 2022  |  Loans

Online used car buying and selling platform Vroom has unveiled the pricing of its first auto loan securitization offering of $296 million, the company said...

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Auto eTailer Vroom Completes Acquisition of United Auto Credit
Auto eTailer Vroom Completes Acquisition of United Auto Credit
February 01, 2022  |  Acquisitions

eCommerce platform Vroom announced Tuesday (Feb. 1) that it has completed the acquisition of United Auto Credit Corporation (UACC), which works in automotive financing. According...

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Vroom Rolls Out ‘Last-Mile’ Concierge Service in Houston
Vroom Rolls Out ‘Last-Mile’ Concierge Service in Houston
October 20, 2021  |  Delivery

Online used car buying and selling platform Vroom, Inc. has opened a new Houston hub to allow the retailer to inspect, detail and place temporary...

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Today in Retail: Signet Buys Diamonds Direct; Consumers Find Time to Schedule Shopping
Today in Retail: Signet Buys Diamonds Direct; Consumers Find Time to Schedule Shopping
October 12, 2021  |  Retail

In today’s top retail news, Signet Jewelers is making another acquisition to expand its reach, while appointment shopping is catching on among consumers. Also, Dr....

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Digital Car Platform Vroom Acquiring United Auto Credit for $300M
Digital Car Platform Vroom Acquiring United Auto Credit for $300M
October 12, 2021  |  Partnerships / Acquisitions

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...

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Vroom eCommerce Sales Jump 172 Pct As Data Enables Lower Prices, Rapid Turnover
Vroom eCommerce Sales Jump 172 Pct As Data Enables Lower Prices, Rapid Turnover
August 11, 2021  |  Earnings

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...

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Vroom Earnings Report: Turbocharged by Connected Economy?
Vroom Earnings Report: Turbocharged by Connected Economy?
May 11, 2021  |  Earnings

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...

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Today in Payments: FIS Launches RealNet To Boost Real Time A2A Payments; Apple’s Subscriptions Surge By 40M
Today in Payments: FIS Launches RealNet To Boost Real Time A2A Payments; Apple’s Subscriptions Surge...
April 29, 2021  |  News

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...

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