Vroom

Earnings Season Shows Some Momentum for Online Car Platforms
Earnings Season Shows Some Momentum for Online Car Platforms
March 14, 2024  |  Retail

Through the past several months, buying a car — used or new — has been, to put it mildly, out of reach. Inflation has run...

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Online Car Platforms Bet on Digital Transformation to Drive Sales Growth
Online Car Platforms Bet on Digital Transformation to Drive Sales Growth
February 28, 2024  |  eCommerce

For online car platforms, the road to profitability has been volatile and oftentimes elusive. “Inventory’s been lumpy, aging and — in the age of (still)...

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CE 100 Index Advances 1.5% as Netflix Surges on Subscriber Gains
CE 100 Index Advances 1.5% as Netflix Surges on Subscriber Gains
January 29, 2024  |  Connected Economy

The earnings roll in, and the stocks gyrate — a roller coaster that happens every three months. The CE 100 Stock Index gained 1.5%, as...

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Vroom Exiting Car Sales, Focusing on Finance and AI Services
Vroom Exiting Car Sales, Focusing on Finance and AI Services
January 22, 2024  |  eCommerce

Vroom is winding down its eCommerce operations and discontinuing its used vehicle dealership business.  The company aims to preserve liquidity and maximize stakeholder value through its...

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CE 100 Index Starts Off 2024 With a 2.6% Loss
CE 100 Index Starts Off 2024 With a 2.6% Loss
January 08, 2024  |  Connected Economy

Out with the old and in with the new, as they say. For the CE 100 Index, completing its first (shortened) week of trading, the...

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iRobot’s 36% Leap Leads CE 100 Index Higher in Shortened Holiday Trading
iRobot’s 36% Leap Leads CE 100 Index Higher in Shortened Holiday Trading
November 27, 2023  |  Connected Economy

The CE 100 Index gained 1.1% in a trading week shortened by the Thanksgiving holiday.  Only one pillar lost ground — the Work segment, which...

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Earnings Season Shows No Straight Path for Online Car Platform Profitability
Earnings Season Shows No Straight Path for Online Car Platform Profitability
November 14, 2023  |  Earnings

For the online car platforms that have promised to bring kicking the tires firmly into the digital age, profitability has been volatile, sometimes elusive.  Inventory’s...

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Porch Soars, Peloton Sinks and CE 100 Index Barely Budges With 0.4% Gain
Porch Soars, Peloton Sinks and CE 100 Index Barely Budges With 0.4% Gain
November 13, 2023  |  Connected Economy

The CE 100 Index added 0.4% in a wild week where double-digit declines and gains were the norm — earnings season continued to dominate the...

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Digital Automotive Platforms Add Features and Cut Costs Amid Challenges 
Digital Automotive Platforms Add Features and Cut Costs Amid Challenges 
November 09, 2023  |  Earnings

Digital automotive platforms are adding features and cutting costs as they continue to cope with a challenging economic environment.  CarGurus executives said Tuesday (Nov. 7) during...

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