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Tag Archives: e-commerce
Manufacturing – Not Online Shopping – Leads E-Commerce
Any way you look at it, this is another strong argument for the Biden Administration infrastructure initiative that is opposed by the insurrection party that once upon a time was considered friendly to business. Want to make America great again? Well, invest in people, education and infrastructure. Continue reading
RumbleOn Posts Q2 Profit of $8.5m, 10.0% of Revenue
“The COVID-19 pandemic has brought headwinds and tailwinds to this industry,” said Marshall Chesrown, Chief Executive Officer. “Thus far in the third quarter we are experiencing the highest online activity, strongest demand and highest valuations we have seen in our history.” Continue reading
Carvana Q2 Results – Sales, Revenue Up by Double Digits
“It is still hard to say exactly how powerful the effects of all of this will be in the long run, but based on the data we see, we believe the long-term opportunity of the business is even larger than we previously thought… Continue reading
Posted in economy, financial results, results
Tagged auto industry commentary, autoinformed, autoinformed.com, Carvana, e-commerce, Ken Zino
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RumbleOn Posts 2019 Loss. Cancels Guidance
Executive summary from AutoInformed: RumbleOn has ambitious plans with more than $840 million in revenue in 2019, but what is arguably a national brand is facing the ongoing contraction (collapse?) of the U.S. economy. Continue reading
Ford Motor and Stripe Sign E-Commerce Deal
For Ford and Lincoln dealers offering digital payment services today, Stripe’s service is expected to drive offer efficiency into processing of e-commerce payments, such as vehicle ordering, reservations and digital and charging services. Continue reading →