automotive

High Demand For Used Cars Drives CarMax To Record Quarter
High Demand For Used Cars Drives CarMax To Record Quarter
June 25, 2021  |  Retail

CarMax, the largest used car dealership chain in the U.S., is seeing a bright future, reporting record quarterly results amid the company’s push to expand...

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Outdoorsy Raises $120 Million As RV Rentals Soar
Outdoorsy Raises $120 Million As RV Rentals Soar
June 24, 2021  |  Investments

RV rental and outdoor rental marketplace Outdoorsy has raised $120 million in equity and debt financing, a press release says. That encompasses a $90 million...

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China’s WeRide Raises $310M At $3.3B Valuation From Nissan, Others
China’s WeRide Raises $310M At $3.3B Valuation From Nissan, Others
June 23, 2021  |  Investments

China’s autonomous vehicle startup WeRide got a $310 million infusion of capital from investors, including the National Investment Fund and Alliance Ventures — the investment...

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Amazon Eyes Investing In Autonomous Truck Firm Plus
Amazon Eyes Investing In Autonomous Truck Firm Plus
June 21, 2021  |  Amazon

Amazon has put in an order for 1,000 autonomous driving systems from Plus, a self-driving tech startup, Bloomberg reported. The eCommerce giant also got the...

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Innovative Approaches To Retail And Fuel
Innovative Approaches To Retail And Fuel
June 21, 2021  |  Today In Data

Walmart’s array of centrally located properties are increasingly being seen as possible airports for drones, while toy brand Mattel recently unveiled a collaboration and direct-to-consumer platform. In...

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Malaysia’s Used Car Site Carsome Eyes US SPAC, Traditional IPO
Malaysia’s Used Car Site Carsome Eyes US SPAC, Traditional IPO
June 20, 2021  |  IPO

Online used car platform Carsome has begun considering going public, a Bloomberg report says. The company, which is based in Kuala Lumpur, has begun considering...

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7 In 10 Mister Car Wash Customers Are Subscribers, IPO Filing Shows
7 In 10 Mister Car Wash Customers Are Subscribers, IPO Filing Shows
June 18, 2021  |  IPO

Now that’s a lot of soap and polish.  All manner of companies are debuting on various U.S. exchanges, with anticipation, perhaps, continuation of the economic...

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South Africa’s Payment24 Launches FastLane System; Like EZ Pass At The Gas Pump
South Africa’s Payment24 Launches FastLane System; Like EZ Pass At The Gas Pump
June 18, 2021  |  Retail

Payment24, a fuel payment solutions provider based in Cape Town, is rolling out a new touchless tech that could forever change the way we pay...

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Security Breach Exposes Data Of 3.3 M Volkswagen, Audi Customers, Interested Buyers
Security Breach Exposes Data Of 3.3 M Volkswagen, Audi Customers, Interested Buyers
June 11, 2021  |  Security & Fraud

(Editor’s Note: The original version of this story has been updated with new comments from VW)  Information about 3.3 million customers and prospective buyers of...

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