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Tag : Beepi

Carvana Acquires Carlypso

Just months after expanding to the Motor City, Carvana has made an acquisition.

Aug. 10, 2017
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Auto Sales Company Shift Raises $38 Million

Shift is an online used auto sales organization. They are part of a small niche also occupied by Carvana and Vroom. All three sell newer, lower mileage used vehicles to consumers. As Shift competes in this space, they recently gained a major boost.

July 21, 2017
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Bye-Bye Beepi?

Beepi, the used car marketplace that raised $150 million dollars, has now officially gone bust. The company has been shut down, and sold off in parts to repay debts.

Feb. 17, 2017
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Beepi Study Finds The Majority Of Americans Dislike Traditional Car Buying Experience

24% of respondents ages 35-44 say they would prefer to get a root canal than to negotiate with a car dealer.

July 21, 2016
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Reviewing Used Car Disruptor Companies Through The Customer Experience Lens

What is driving the success of Carvana, Beepi, Vroom and Shift? What can dealerships do to improve their customer experience and better meet customer expectations?

June 9, 2016
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Carvana May Be Launching Car Vending Machine In Jacksonville

The physical building would resemble existing Carvana locations in other cities.

June 6, 2016
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eBay Acquires Cargigi To Ramp Up Its Auto Business

How does eBay plan to use the technology developed by Cargigi to help add auto dealers?

March 30, 2016
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Chinese Automaker Invests In Online Used Car Marketplace Beepi

Beepi, has raised $70 million in new funding in late 2015, led by China’s largest domestic automaker, SAIC Motor Corporation.

Feb. 1, 2016
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Online Used Car Seller Vroom Raising $95 Million To Acquire Texas Direct Auto

Vroom’s CEO noted he is interested in utilizing Texas Direct’s expertise in reconditioning gently used cars at two warehouses in Houston and Dallas.

Dec. 17, 2015
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Used Car Marketplace Website Beepi Forced To Reduce Valuation

Beepi is now facing doubts after it embarked on its fundraising effort this year, as the company has actually sold very few cars.

Oct. 21, 2015
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Vroom Wants To Make Used Car Salespeople Obsolete

An online car dealer just gained more in funding as they seek to replace traditional dealerships. Some of that investment money came from legendary former member of the Denver Broncos and dealer, John Elway.

July 20, 2015
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Beepi Announces Massive $300 Million Funding Round

Beepi, the organization that wants to eliminate the used car dealer just raised $300 million in capital. After question arose as to how long this company would be around, the car sales and delivery company just received a major financial boost.

June 3, 2015
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