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Posted on January 23, 2024

Vroom hits the brakes on its online used car business to go full throttle on auto financing and AI

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Vroom is shutting down its online used car marketplace and shifting all of its resources and capital into two business units focused on auto financing and AI-powered analytics. About 800 employees, or 90% of its workforce, will lose their jobs as a result, according to a regulatory filing. The company said it is suspending all used […]

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