US1417881091 - Common Stock
CARGURUS INC
NASDAQ:CARG (5/1/2024, 7:00:03 PM)
After market: 22.36 +0.04 (+0.18%)22.32
-0.14 (-0.62%)
Cargurus, Inc. is an online automotive platform, which engages in buying and selling vehicles that is building upon its listings marketplace with digital retail solutions and the CarOffer digital wholesale platform. The company is headquartered in Cambridge, Massachusetts and currently employs 1,403 full-time employees. The company went IPO on 2017-10-12. The CarGurus platform enables consumers to buy and/or sell a vehicle either online or in-person, and it gives dealerships the power to accurately price, instantly acquire, effectively market, and quickly sell vehicles, all with a nationwide reach. The firm operates through two segments: U.S. Marketplace and Digital Wholesale. The U.S. Marketplace segment provides marketplace services for customers within the United States. The Digital Wholesale segment provides Dealer-to-Dealer and Instant Max Cash Offer (IMCO) services and products which are sold on the CarOffer platform. The firm operates online marketplaces under the CarGurus brand in Canada and the United Kingdom. The company also operates the Autolist and PistonHeads online marketplaces in the United States and the United Kingdom.
CARGURUS INC
55 Cambridge Parkway, 6Th Floor
Cambridge MASSACHUSETTS 02141
P: 16173540068
CEO: Jason Trevisan
Employees: 1403
Website: https://www.cargurus.com/
Investors should still proceed with caution when it comes to this company.
CAMBRIDGE, Mass., April 18, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and...
Pent-up shopper demand contributing to year-over-year rise in sales, with buyers increasingly searching for more affordable options
The CarGurus Quarterly Review for Q1 2024 reviews the key trends influencing pricing, inventory, and demand for new and used vehicles so far this year. ...
Sixth annual survey finds factors like car price, reliability, and ongoing costs will matter even more to shoppers this year - with a lasting shift in the desire to handle more from home
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