Vroom sets sights on inventory, product revenue growth in Q1

Gross product revenue increased 85% YoY

Online used-car retailer Vroom is expanding the number of vehicles purchased from consumers as the company focuses on building inventory and increasing product revenue.   Vroom listed about 11,000 vehicles at the end of the first quarter of 2021, with 35% available for immediate sale, Dave Jones, chief financial officer, said on the company’s recent earnings call.   By comparison, last quarter Vroom had about 16,000 units listed, including […]

Already subscribed? Click below.

Exit mobile version