VROOM INC. overview

PHOENIX, Aug. 17, 2021 (GLOBE NEWSWIRE) -- Vroom , Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced the opening of a new Phoenix hub and a more customized driveway experience for nearly 4.8 million people in over 166 zip codes within a 70-mile radius. Vroom has delivered in the Phoenix area since the company was founded in 2012 and is now offering an experience that includes a more personalized concierge service where customer advocates...

Vroom, Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced financial results for the second quarter ended June 30, 2021 (“Q2 2021”). HIGHLIGHTS OF SECOND QUARTER 2021 18,268 ecommerce units sold, up 172% YoY Ecommerce revenue of $579.7 million, up 230% YoY Ecommerce gross profit of $49.6 million, up 588% YoY Convertible Note offering provided over $600.0 million of additional liquidity Paul Hennessy, Chief Executive Officer of Vroom,...

SEATTLE, July 13, 2021 (GLOBE NEWSWIRE) -- Vroom , Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced the opening of a new Seattle hub and a more customized driveway experience for nearly 5.3 million people in over 442 zip codes within a 25-mile radius. Vroom has delivered in the Seattle area since the company was founded in 2012 and is now offering an experience that includes a more personalized concierge service where customer advocates...

NEW YORK, July 09, 2021 (GLOBE NEWSWIRE) -- Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that it will release its financial results for the second quarter ending June 30, 2021, after the market closes on Wednesday, August 11, 2021. Vroom management will discuss these results and other information regarding the Company during a conference call and audio webcast that same day at 5:00 p.m. ET. The conference call can be accessed via...

ATLANTA, June 21, 2021 (GLOBE NEWSWIRE) -- Vroom , Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced the opening of a new Atlanta hub and a more customized driveway experience for nearly 7 million people in over 476 zip codes within a 25-mile radius. Vroom has delivered in the Atlanta area since the company was founded in 2012 and is now offering an experience that includes a more personalized concierge service where customer advocates...

NEW YORK, June 16, 2021 (GLOBE NEWSWIRE) -- Vroom, Inc. (Nasdaq: VRM) (“Vroom”) today announced the pricing of its offering of $550,000,000 aggregate principal amount of 0.750% convertible senior notes due 2026 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering size was increased from the previously announced offering size of $500,000,000 aggregate principal...

NEW YORK, June 14, 2021 (GLOBE NEWSWIRE) -- Vroom, Inc. (Nasdaq: VRM) (“Vroom”) today announced its intention to offer, subject to market and other conditions, $500,000,000 aggregate principal amount of convertible senior notes due 2026 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Vroom also expects to grant the initial purchasers of the notes an option to purchase, for...

DALLAS, May 27, 2021 (GLOBE NEWSWIRE) -- Vroom , Inc. (Nasdaq:VRM), a leading ecommerce platform for buying and selling used vehicles, today announced the opening of a new Dallas hub and a more customized driveway experience for nearly 7 million people in over 1,000 zip codes within a 70-mile radius. Vroom has delivered in the Dallas area since the company was founded in 2012 and is now offering an experience that includes a more personalized concierge service where customer advocates transport...