Equities

CarGurus Inc

CarGurus Inc

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  • Price (EUR)32.40
  • Today's Change1.80 / 5.88%
  • Shares traded--
  • 1 Year change+78.02%
  • Beta--
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About the company

CarGurus, Inc. (CarGurus) is a multinational, online automotive platform for buying and selling vehicles that offers both digital retail solutions and the CarOffer digital wholesale platform. 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 Company 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 Company operates online marketplaces under the CarGurus brand in Canada and the United Kingdom. It also operates the Autolist and PistonHeads online marketplaces in the United States and the United Kingdom.

  • Revenue in USD (TTM)888.97m
  • Net income in USD-48.65m
  • Incorporated2015
  • Employees1.34k
  • Location
    CarGurus Inc55 Cambridge Parkway, 6Th FloorCAMBRIDGE 02142United StatesUSA
  • Phone+1 (617) 354-0068
  • Fax+1 (302) 655-5049
  • Websitehttps://www.cargurus.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
CARG:NSQ since
announced
Transaction
value
CarOffer LLCDeal completed01 Dec 202301 Dec 2023Deal completed61.01%75.00m
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