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Vroom, the once-mighty Carvana competitor, will wind down its operations - Vimarsana News

Vroom, the once-mighty Carvana competitor, will wind down its operations

Vroom Inc., once valued at a heady $2.5 billion, said Monday it is winding down its online used-car sales business in order to preserve liquidity, as its...

Vroom to Cut 800 Jobs, Wind Down Used-Vehicle Ecommerce Business - Vimarsana News

Vroom to Cut 800 Jobs, Wind Down Used-Vehicle Ecommerce Business

By Ben Glickman Vroom will wind down its online platform for buying and selling used vehicles and let go of about 800 associated staffers after it failed to...