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Vroom, Inc. is a parent company of United Auto Credit Corporation (UACC) and CarStory. Previously, it was a used car retailer and e-commerce company that let consumers buy, sell, and finance cars online. [3] Vroom ceased e-commerce automotive sales operations on January 22, 2024.
CarsDirect was founded in 1998 by Scott Painter, launched from the business incubator Idealab. It was the first company to sell vehicles online directly to consumers, rather than referring consumers to brick-and-mortar dealers.
Web development for AW started in 1998 by K.S. Wei and Richard Tan, owners of Lelong.com.my, a Malaysian auction website in the vein of eBay. [4] The website was eventually launched on 9 Nov 1999 by Malaysia’s Minister of Energy, Water and Communications at the time, Amar Leo Moggie.
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Last month, eBay announced it planned on launching a Crash Sale beginning July 15 -- the same day as Prime Day -- that will directly compete with the event.
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