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Online Automotive Retailer Vroom Offers Last Mile Concierge Experience to Los Angeles Locals
Vroom, Inc.May 5, 2021 GMT
LOS ANGELES, May 05, 2021 (GLOBE NEWSWIRE) Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced the opening of a new Los Angeles hub and a more customized driveway experience for 13 million people in over 1,000 zip codes within a 50-mile radius. Vroom has delivered in the Los Angeles area since the company was founded in 2012 and is now offering an experience that includes a more personalized concierge service where customer advocates transport cars directly to car buyers’ driveways on Vroom-branded trucks and show them how to use their new vehicles. Vroom’s Los Angeles Last Mile hub is located in Jurupa Valley, Riverside.
Online Automotive Retailer Vroom Announces Two New Additions to Board of Directors
Paula B. Pretlow and Frederick O. Terrell Bring Decades of Finance and Business Experience to the Board
NEW YORK, April 27, 2021 (GLOBE NEWSWIRE) Vroom (
www.vroom.com), a leading ecommerce platform for buying and selling used vehicles, today announced that it has added two new members to its Board of Directors, Paula B. Pretlow and Frederick O. Terrell. The new members bring decades of finance and business experience to the board.
Paula Pretlow built her career helping company leaders maximize shareholder and stakeholder value personally delivering hundreds of millions in revenue and building relationships with many of the world’s largest institutional investors. She is a former Senior Vice President of The Capital Group, a $2.4 trillion privately held investment management firm, where she led the public fund business development and client relationship group and was responsible for large clie
Peanut Releases Glossary of Modernized Terminology to Reform Harmful Vocabulary Around Fertility and Motherhood
The glossary, informed by leading industry experts, serves to replace outdated terms and equip people with new terminology that reflects the modern fertility, pregnancy and motherhood experiences Peanut, the first social network to connect women throughout all stages of motherhood, today released a glossary of modernized terms as part of its Renaming Revolution to change the stigmatized discourse associated with fertility, pregnancy, and motherhood. The glossary can be found on Peanut s site and will be available as a reference for anyone to use when talking to women about their experiences, with the aim of creating a stigma-free future that empowers women.
HIGHLIGHTS OF FOURTH QUARTER 2020 11,022 ecommerce units sold, up 74% YoY Ecommerce revenue of $285.0 million, up 43% YoY Ecommerce gross profit of $20.1 million, up 95% YoY
HIGHLIGHTS OF FISCAL YEAR 2020 34,488 ecommerce units sold, up 82% YoY Ecommerce revenue of $915.5 million, up 56% YoY Ecommerce gross profit of $60.9 million, up 89% YoY Paul Hennessy, Chief Executive Officer of Vroom, commented: “Vroom had a strong fourth quarter, with significant year-over-year growth in our ecommerce business. Inventory and marketing are scaling as planned, which is increasing the velocity of the Vroom flywheel, driving conversion and increased sales and revenues. Consistent with our relentless focus on data science, we announced the acquisition of CarStory, a leader in AI-powered analytics and digital services for automotive retail, which closed in January 2021. As the used vehicle market continues to embrace the ecommerce model, we will continue to execute our plan
Online Automotive Retailer Vroom to Acquire CarStory marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.