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Vroom hits the brakes on its online used car business to go full throttle on auto financing and AI

Vroom is shutting down its online used car marketplace and shifting all of its resources and capital into two business units focused on auto financing and AI-powered analytics. The company said it is suspending all used car transactions through vroom.com and plans to sell off its used vehicle inventory to wholesalers. The company said it has not determined how much this wind down will cost, partly because of uncertainty on what its used vehicle inventory will sell for, according to the regulat...
United States United Auto Credit Corporation Shift Technologies Vast Holdings Auto Credit Corporation Business Units
Source: yahoo.com

CONTACT FINANCIAL ANNOUNCES 9M-2023 RESULTS

Contact carried its strong momentum into the second half of the year، achieving solid financial and operational growth for the nine-month period ended 30 September 2023. Cairo، 14 November 2023 Contact Financial Holding SAE (CNFN.CA)، Egypt’s largest non-bank financial services provider، announced
Al Qahirah Contact Financial Holding Consumer Finance Commercial Trucks Sarwa Life Consumer Financing
Source: elfagr.org

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