Cazoo to Announce Third Quarter 2023 Results on October 25, 2023
- LONDON & NEW YORK--(BUSINESS WIRE)--Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), the UK's independent leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announces the Company will release its third quarter 2023 results before the U.S. stock market opens on Wednesday, October 25, 2023. The Company will host a conference call at 8:00 a.m. Eastern Time that day. Investors and analysts interested in participating in th.
- 10/11/2023
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Motorway losses climb as marketing costs rack up
- Motorway, the online car dealership controlled by billionaire entrepreneur Alex Chesterman, saw losses triple in 2022 to £ 43.6 million and outstripped growth in revenues for the year even though these doubled. Staff recruitment, increased marketing spending and building brand awareness generally were all blamed for a surge in costs.
- 10/04/2023
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Cazoo (CZOO) Seeks Financial Revival Via Debt Restructuring
- Cazoo (CZOO) enters a restructuring deal, which entails the cancellation of $630 million of convertible notes in exchange for $200 million of new senior secured debt and new equity.
- 09/21/2023
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Cazoo Group Ltd. (CZOO) Q2 2023 Earnings Call Transcript
- Cazoo Group Ltd. (NYSE:CZOO ) Q2 2023 Earnings Conference Call August 1, 2023 8:00 AM ET Company Participants Anna Gavrilova - IR Paul Whitehead - CEO Paul Woolf - CFO Alexander Chesterman - Founder and Executive Chairman Conference Call Participants Rajat Gupta - JPMorgan Operator Greetings, and welcome to the Cazoo Second Quarter and First Half 2023 Earnings Conference Call.
- 08/01/2023
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Cazoo Restructuring Bears Financial Fruit Amid Struggling Global Used Car Market
- British online auto marketplace Cazoo said an intense focus on improving unit economics as well as restructuring activities which saw it ditch its other European businesses to concentrate exclusively on the U.K. market, are “starting to bear fruit.
- 04/27/2023
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Cazoo Reports $872 Million Loss After Closing EU Car Operations
- Cazoo is enjoying record revenue but feeling the sting of shedding its European auto business. The struggling U.K. used car company on Thursday (March 30) announced full-year earnings that showed it took a 704 million pound loss ($872 million), a 30% increase from last year and the latest sign of the struggle facing the used car sector.
- 03/30/2023
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Cazoo Group Ltd (CZOO) Q4 2022 Earnings Call Transcript
- Cazoo Group Ltd (NYSE:CZOO ) Q4 2022 Earnings Conference Call March 30, 2023 8:00 AM ET Company Participants Anna Gavrilova - Head, Investor Relations Alex Chesterman - Founder and CEO Paul Whitehead - Chief Operating Officer Paul Woolf - Chief Financial Officer Conference Call Participants Catherine O'Neill - Citi Operator Hello. And welcome to the Cazoo Fourth Quarter and Fiscal Year 2022 Earnings Call and Webcast.
- 03/30/2023
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Andreas Halvorsen's Firm Drives Into Cazoo Group
- Viking Global Investors LP, the firm founded by Andreas Halvorsen (Trades, Portfolio), disclosed in regulatory filings that it entered a new holding in Cazoo Group Ltd. ( CZOO , Financial) in February according to GuruFocus Real-Time Picks, a Premium feature.
- 03/03/2023
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Cazoo Latest Exit Signals Trouble In Europe's Once-Booming Used Car Market
- British auto marketplace Cazoo is selling its German subscription business two years after buying it. The decision, announced in a Friday (Feb.
- 02/17/2023
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DIS, CGC, CZOO Predictions: 3 Hot Stocks for Tomorrow
- Tuesday was a volatile trading session following comments from Federal Reserve Chair Jerome Powell. The market responded by ripping up and down and ultimately settling notably higher.
- 02/08/2023
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Cazoo Group Ltd (CZOO) Q4 2022 Earnings Call Transcript
- Cazoo Group Lid. (NYSE:CZOO ) Q4 2022 Results Conference Call January 18, 2023 8:00 AM ET Company Participants Robert Berg - Director of IR and Corporate Finance Alex Chesterman - Founder, Chairman and CEO Paul Woolf - CFO Paul Whitehead - COO Conference Call Participants Rajat Gupta - JPMorgan Adam Berlin - UBS Operator Greetings, and welcome to the Cazoo Fourth Quarter 2022 Preliminary Financial Results and Revised 2023 Plan.
- 01/23/2023
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Cazoo Targets Higher Margins as Used Car Market Shrinks
- Cazoo has revealed plans to shake up its U.K. business. In a Wednesday (Jan. 18) earnings statement, the online auto seller announced a revised strategic plan for 2023 as it reassesses its business model and adapts to current market conditions.
- 01/18/2023
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Cazoo chief to step down after more car crash earnings
- Online car retailer Cazoo Group Ltd (NYSE:CZOO) share price skyrocketed and then plummeted on the news that co-founder and chief executive Alex Chesterman will step down amid falling full-year sales and plans to cut staff. Its shares were up some 9.3% as the New York market opened, but later fell some 15% as it forecast car sales to fall to between 40,000 and 50,000 units in 2023, down as much 38.5% from the 65,000 sold in 2022.
- 01/18/2023
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Online Car-Buying Firm Cazoo Sells Spanish Business
- Online car-buying platform Cazoo has sold its Spanish subscription business. In a Thursday (Dec. 15) press release, the U.K.-based online auto seller announced that it has sold Swipcar to Renting Finders.
- 12/15/2022
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3 Stocks Hedge Funds Are Buying Now
- Regarding stocks, hedge fund managers are some of the savviest investors around. While most of us might not have access to their advanced strategies and resources, we can still learn from their picks.
- 11/28/2022
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CEO Alex Chesterman Ups Stake in Cazoo (CZOO)
- Fintel reports that Alex Chesterman has filed a 13D/A form with the SEC disclosing ownership of 186,496,856 shares of Cazoo Group Ltd (CZOO).
- 11/23/2022
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Cazoo Group (CZOO) Stock Increased 2.81%: Details
- The stock price of Cazoo Group (CZOO) increased by 2.81% in the most recent trading session. This is why.
- 11/02/2022
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Cazoo: Even With A Lot Of Risks, Stock Could Be Worth Buying
- Cazoo is a fast-growing and founder-led business. The company's current valuation is cheap.
- 10/29/2022
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Cazoo Group Ltd (CZOO) Q3 2022 Earnings Call Transcript
- Cazoo Group Ltd (NYSE:CZOO ) Q3 2022 Results Conference Call October 27, 2022 8:00 AM ET Company Participants Robert Berg - Director of IR and Corporate Finance Alex Chesterman - Founder, Chairman and CEO Stephen Morana - CFO and Director Conference Call Participants Rajat Gupta - JPMorgan Adam Berlin - UBS Sam Saeed - Berenberg Catherine O'Neill - Citi Operator Greetings, everyone. Welcome to Cazoo's Third Quarter Fiscal Year 2022 Earnings Call.
- 10/27/2022
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Cazoo Announces Third Quarter Fiscal 2022 Earnings Release Date, Conference Call and Webcast
- LONDON & NEW YORK--(BUSINESS WIRE)--Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), the UK's leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announced the Company will release its third quarter 2022 results before the U.S. stock market opens on Thursday, October 27, 2022. The Company will host a conference call at 8:00 a.m. Eastern Time that day. Investors and analysts interested in participating in the call are in
- 10/10/2022
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Why Shares of Cazoo Are Rising Today
- There is no obvious reason for the move today.
- 09/26/2022
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Billionaire Andreas Halvorsen Is Betting Big on Cazoo (CZOO) Stock. Here's Why.
- Shares of Cazoo (NYSE: CZOO ) stock are in the spotlight following a massive purchase by Viking Global's Andreas Halvorsen. The former Tiger Cub founded Viking in 1999 and today manages over $21 billion in 13F securities.
- 09/22/2022
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Cazoo Pulls Out of EU to Focus on UK Market
- Following a strategic review of its business in mainland Europe, online car seller Cazoo is foreclosing its operations in the European Union in order to focus exclusively on the U.K. market.
- 09/08/2022
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Why Shares of Cazoo Are Rising Today
- The company announced the results of its strategic review.
- 09/08/2022
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Why Is Everyone Talking About Cazoo Stock?
- As Cazoo stock doubles in a day, investors should double-check the data and pay particular attention to the bottom-line results.
- 08/07/2022
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Why Is Cazoo (CZOO) Stock Up 200% Today?
- Shares of Cazoo (NYSE: CZOO ) soared higher by as much as 200% after the company reported its second quarter and first half of the year results. Cazoo debuted on the public market last August through a special purpose acquisition company (SPAC) merger at more than $9 per share.
- 08/02/2022
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Cazoo Group Ltd (CZOO) CEO Alex Chesterman on Q2 2022 Results - Earnings Call Transcript
- Cazoo Group Ltd (NYSE:CZOO ) Q2 2022 Earnings Conference Call August 2, 2022 8:00 AM ET Company Participants Robert Berg - Director of Investor Relations & Corporate Finance Alex Chesterman - Founder & Chief Executive Officer Stephen Morana - Chief Financial Officer Paul Whitehead - Chief Operating Officer Conference Call Participants Rajat Gupta - JPMorgan David Reynolds - Davy Saim Saeed - Berenberg Operator Greetings, and welcome to Cazoo's Second Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode.
- 08/02/2022
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Why Shares of Cazoo Are Skyrocketing Today
- The online auto dealership generated record revenue in the second quarter.
- 08/02/2022
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Cazoo to Announce Second Quarter and First Half 2022 Results on August 2, 2022
- LONDON & NEW YORK--(BUSINESS WIRE)--Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), Europe's leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, today announced the Company will release its second quarter and first half fiscal year 2022 results before the U.S. stock market opens on Tuesday, August 2, 2022. The Company will host a conference call at 8:00 a.m. Eastern Time that day. Investors and analysts interested in partici
- 07/18/2022
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Online Car Retailer Cazoo Rolls Into Italy
- Cazoo, which calls itself “Europe's leading online car retailer,” is adding Italy to the list of countries in which it operates. The company announced Wednesday (June 22) that Italian customers can now complete the shopping and buying process online, prompting some observers to refer to it as “the Amazon of the used car market,” per […]
- 06/22/2022
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Cazoo Group driving shareholders up the wall
- Cazoo Group Ltd (NYSE:CZOO), the online car dealer, has yet to find a way to allow potential car buyers a chance to kick the tyres. That, in essence, might be one reason why the expected revolution in car buying has yet to pan out the way the market thought it would.
- 06/20/2022
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Cazoo downgraded after cutting guidance and hiring
- Cazoo Group Ltd (NYSE:CZOO) has been downgraded by Citigroup as the car retailer focuses on cash preservation over growth. The company said overnight that it will cut 15% of its workforce, including around 750 jobs in the UK and Europe, and reduce its marketing spend to save more than £200mln in an effort to protect profits as the car market cools.
- 06/08/2022
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Cazoo Expands Online Car Platform to Spain
- European online car retailer Cazoo expanded into Spain Thursday (May 12), allowing customers in that country to access a fleet of reconditioned vehicles, buy them online and have them delivered to their doors, according to the company press release. Cazoo customers can review 360-degree images and the details of a car's features and history, and […]
- 05/12/2022
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Cazoo Group Ltd (CZOO) CEO Alex Chesterman on Q1 2022 Results - Earnings Call Transcript
- Cazoo Group Ltd (NYSE:CZOO ) Q1 2022 Earnings Conference Call May 3, 2022 8:00 AM ET Company Participants Alex Chesterman – Founder, Chief Executive Officer Stephen Morana – Chief Financial Officer Robert Berg – Director of Investor Relations and Corporate Finance Conference Call Participants Rajat Gupta – JPMorgan Adam Berlin – UBS Saim Saeed – Berenberg Operator Greetings and welcome to the Cazoo First Quarter 2022 Earnings call. At this time, all participants are in a listen-only mode.
- 05/03/2022
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7 Biggest Loser Stocks That Could Become Surprising Buys
- While going contrarian is always a risky concept, these biggest loser stocks could bounce higher with the negativity priced in. The post 7 Biggest Loser Stocks That Could Become Surprising Buys appeared first on InvestorPlace.
- 04/27/2022
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Cazoo: Bullish Earnings Close Out A Record Year
- Cazoo's fiscal 2021 earnings results capped off the strong year. Revenue for the year increased by 312% to reach a new record.
- 04/11/2022
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Cazoo Group Ltd (CZOO) CEO Alex Chesterman on Q4 2021 Results - Earnings Call Transcript
- Cazoo Group Ltd (CZOO) CEO Alex Chesterman on Q4 2021 Results - Earnings Call Transcript
- 04/07/2022
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Online Car Retailer Cazoo To Generate $2B+ Revenue In 2022 From Expanding Europe Operations
- Europe's leading online car retailer, Cazoo, announced on Thursday (Feb. 10) that it had sold a stake of the company to a group of investors for an amount of $630 million, nearly six months after the firm listed on the New York Stock Exchange (NYSE). The additional funds, which boosts the firm's current cash balance […]
- 02/10/2022
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Cazoo, Uber, Lyft and other car crash IPOs
- As US markets continue to tumble, a number of companies must be thanking their lucky stars they got their flotations away last year. One of the telltale signs of a bubble is a spate of overpriced initial public offerings (IPOs), and 2021 was a bumper year, with 1,051 companies floating in the US – an all-time record.
- 01/27/2022
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Cazoo Acquires Italy's Brumbrum, Solidifies Presence in Five Largest Used Car Markets in Europe
- Cazoo, one of Europe's leading online car retailers, announced in a Wednesday (Jan. 26) press release that it will be acquiring Italian online used car retailer and subscription platform brumbrum for 80 million euros (about $90 million). Founded in 2016, the Milan-based company offers hundreds of cars for purchase, finance or subscription across the country, […]
- 01/26/2022
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Cazoo is buying this Italian car retailer to expand in Europe
- Shares of Cazoo Group Ltd (NYSE: CZOO) jumped nearly 5.0% this morning on news of an acquisition that will expand its footprint in the European used car market. Cazoo to buy brumbrum in a cash and stock deal In a press release this morning, Cazoo said it will buy brumbrum for €80 million ($90.24 million) […] La notizia Cazoo is buying this Italian car retailer to expand in Europe era stato segnalata su Invezz.
- 01/26/2022
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Cazoo Group (CZOO) Stock: Why The Price Increased Today
- The stock price of Cazoo Group Ltd (NYSE: CZOO) increased by over 1% during intraday trading today. This is why it happened.
- 12/01/2021
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Motorpoint Group to invest heavily in its tech stack as it looks to gain some of the investment glamour of Cinch and Cazoo
- Motorpoint Group PLC (LSE:MOTR, OTC:MTPTF) raised full-year guidance this morning and was rewarded with a share price fall; then again, there has long been something awry with the valuations of car dealers. Shares in Motorpoint were off 2.2% in afternoon trading at 349p, despite the company posting revenues and profits in the six months to the end of September that set new records.
- 11/25/2021
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Cazoo Announces Participation in Upcoming Investor Conferences
- LONDON & NEW YORK--(BUSINESS WIRE)--Cazoo Group Ltd (NYSE: CZOO) (“Cazoo” or “the Company”), Europe's leading online car retailer, which makes buying and selling a car as simple and seamless as ordering any other product online, today announced the Company will participate virtually in the following upcoming investor conferences: UBS Online Marketplaces Virtual Investor Day Tuesday, November 23, 2021 Presentation at 6:00 AM ET/ 11:00 AM UK 5th Annual Wells Fargo TMT Summit Tuesday, November 30,
- 11/22/2021
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Cazoo Snaps up Swipcar for €30M to Hit the Gas on Growing Across Europe
- Online car retailer Cazoo has acquired motor vehicle subscription platform Swipcar for €30 million in cash and Cazoo shares, according to a press release on Tuesday (Nov. 16). Founded in 2018 and headquartered in Barcelona, Spain, Swipcar operates its car subscription platform across Spain, Italy and Portugal and offers an all-inclusive monthly subscription that includes […]
- 11/16/2021
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Cazoo Stock Is A Buy On Strong Earnings Quarter
- Cazoo Stock Is A Buy On Strong Earnings Quarter
- 11/15/2021
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Cazoo Group Ltd. (CZOO) CEO Alex Chesterman OBE on Q3 2021 Results - Earnings Call Transcript
- Cazoo Group Ltd. (CZOO) CEO Alex Chesterman OBE on Q3 2021 Results - Earnings Call Transcript
- 10/26/2021
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Cazoo Expands to Commercial Vehicles With Vans365 Acquisition
- U.K.-based online used car seller Cazoo on Monday (Oct. 18) announced that it has agreed to acquire Vans365 in a move that expands the company's reach into the commercial vehicle space. Vans365 has its own in-house technicians and customer service reps in Bristol, U.K., and it buys and sells hundreds of vans every month.
- 10/18/2021
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Cazoo to Expand Its Offering Into Commercial Vehicles
- LONDON & NEW YORK--(BUSINESS WIRE)--Cazoo (NYSE: CZOO), Europe's leading online car retailer, which makes buying and selling a car as simple and seamless as ordering any other product online, today announced that it has agreed to acquire Vans365, as it moves to expand its online retail proposition to include commercial vehicles. Vans365 is a leading independent online commercial vehicle retailer in the UK with a team of experienced in-house technicians and customer service specialists based in
- 10/18/2021
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UK Online Car Retailer Cazoo Projects $1B in Revenue by the End of 2021
- Cazoo Holdings, a U.K.-based online seller of used cars, announced strong performance for its first-half 2021 financial results on Tuesday (Sept. 28), registering a 521% year-on-year increase in revenue.
- 09/28/2021
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Cazoo Clocks 521% Revenue Growth In 1H, Retail Revenue Up 464%
- European online car retailer Cazoo Group Ltd (NYSE: CZOO) reported first-half FY21 revenue growth of 521% year-on-year to £248 million. Retail revenue rose 464% Y/Y to £208 million.
- 09/28/2021
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Cazoo Announces First Half 2021 Financial Results
- LONDON & NEW YORK--(BUSINESS WIRE)--Cazoo Group Ltd. (NYSE: CZOO) (“Cazoo” or “the Company”), Europe's leading online car retailer, which makes buying and selling a car as simple as ordering any other product online, has announced its financial results for the six months ended June 30, 2021. Summary Results H1 2021 (unaudited) H1 2020 (unaudited) Change Vehicles Sold 20,454 4,084 +401% Retail 16,557 3,234 +412% Wholesale 3,897 850 +358% Revenue (£m)1 248 40 +521% Retail (£m) 208 37 +464% Whol
- 09/28/2021
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Cazoo Acquires SMH Fleet Solutions … doubling its reconditioning, logistics & storage capabilities
- LONDON--(BUSINESS WIRE)--Cazoo (NYSE: CZOO), the UK's leading online car retailer, which makes buying and selling a car as simple and seamless as ordering any other product online, today announced that it has acquired SMH Fleet Solutions (SMH), one of the UK's leading vehicle preparation, logistics and storage businesses. Established in 2003, SMH has a team of over 500 expert staff currently processing more than 70,000 vehicle refurbishments annually from 6 vehicle preparation sites across 136
- 09/15/2021
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Cazoo Wants To Disrupt The European Car Buying Experience
- Cazoo is a fast growing British and European online car retailer. These markets are an estimated $700 billion opportunity. Less than 2% of this is currently transacted online.
- 09/13/2021
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Cazoo Acquires Leading Automotive Data Insights Platform, Cazana
- LONDON--(BUSINESS WIRE)--Cazoo (NYSE: CZOO), the UK's leading online car retailer, which makes buying or selling a car as seamless as ordering any other product online, today announced that it has acquired Cazana, owner of one of the most comprehensive vehicle pricing datasets globally and one of the leading data insights platforms in the European automotive industry. Founded in 2012, Cazana has grown to a team of more than 50 staff including world-class data scientists and engineers headquarte
- 09/02/2021
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Opening Bell, August 27, 2021
- Cazoo rings the opening bell at the New York Stock Exchange and Berkshire Grey rings the bell at the Nasdaq.
- 08/27/2021
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Cazoo starts trading on the NYSE
- Trading in the shares of Cazoo, the British used car seller that opted to list in the US, began on the New York Stock Exchange today. The company completed its business combination with Ajax, a special purpose acquisition company or SPAC hedged by US hedge fund hotshot Dan Och.
- 08/27/2021
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