Page 2 - Connected Store News Today

Roadster, the Palo Alto-based digital platform that gives dealers tools to sell new and used vehicles online has been acquired for $360 million by retail automotive technology company CDK Global Inc., according to a Securities and Exchange Commission filing. As part of the all-cash deal, Roadster is now a wholly owned subsidiary. Roadster’s business model […]

Automotive Tech Leader CDK Global Acquires Digital Retail Platform Roadster Digital Sales Platform Integration to Equip Dealers with Amazon-like Experience for New and Used Vehicles June 02, 2021 15:14 ET | Source: CDK Global, Inc. CDK Global, Inc. Hoffman Estates, Illinois, UNITED STATES HOFFMAN ESTATES, Ill., June 02, 2021 (GLOBE NEWSWIRE) -- CDK Global, Inc. (Nasdaq: CDK), a leading retail automotive technology company, today completed the acquis...

Digital Sales Platform Integration to Equip Dealers with Amazon-like Experience for New and Used Vehicles...

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Global connected retail market to reach $82.31bn in 2025 DUBAI, 4 hours, 41 minutes ago The value of the global connected retail market is estimated to reach $82.31 billion by the end of 2025, according to a report by Transparency Market Research (TMR).   Nearly 150 million people shopped online for the first time in the pandemic, and the number of ecommerce buyers will only continue to rise, according to a report by Shopify.   The various e-commerce and virtual retail stores that cater...

During the forecast period of 2017 to 2025, the demand in the global connected retail market is projected to increase at an impressive compound annual g...

Operator Ladies and gentlemen, thank you for standing by and welcome to the Q2 2021 CDK Global, Inc. Earnings Conference Call. [Operator Instructions] Id now like to hand the conference over to your speaker today Julie Schlueter, Director of Investor Relations. Please go ahead. Julie Schlueter -- Director, Investor Relations Thank you and good afternoon. Id like to welcome you to our second quarter fiscal 21 Earnings Call. Joining me on todays call are CEO Brian Krzanich; Chief Operating Offic...