Vroom Released Long-term Strategic Plan
September 23 2024 - 8:30AM
Business Wire
Vroom, Inc. (Nasdaq: VRM) today released an investor
presentation (the “Investor Presentation”) which includes the
Company’s long-term strategic plan and key initiatives. A copy of
the Investor Presentation is available at ir.vroom.com.
On January 22, 2024, the Company announced a Value Maximization
Plan, pursuant to which the Company discontinued its ecommerce
operations and wound down its used vehicle dealership. Since the
announcement in January, the Company has been focused on building a
long-term strategic plan leveraging its remaining assets to improve
the profitability of the business.
About Vroom (Nasdaq: VRM)
Vroom owns and operates United Auto Credit Corporation (UACC), a
leading automotive lender serving the independent and franchise
dealer market nationwide, and CarStory, a leader in AI-powered
analytics and digital services for automotive retail. During fiscal
2023, Vroom also operated an end-to-end ecommerce platform to buy
and sell used vehicles which wound down earlier this year.
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version on businesswire.com: https://www.businesswire.com/news/home/20240923070143/en/
Investor Relations: Vroom Jon Sandison
investors@vroom.com
Vroom (NASDAQ:VRM)
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