Turnover: ()
Country: United Kingdom
Online used car sales platform
News
Used cars: Cazoo, the former OM sponsor, placed in receivership 22/05/2024
- The company employs around 208 people.
- Cazoo was valued at $7 billion when it went public in 2021.
- The company has lost over 99% of its value since its IPO.
- 728 redundancies took place between March 1 and May 17.
- At the end of 2022, Cazoo announces that it will cease operations in the European Union and concentrate on the UK market
- Since March, Cazoo has sold its entire vehicle inventory, repaid its associated loans, and already sold several vehicle repair and collection centers as well as its wholesale division.
Studies mentioning this company
The used car market - France
Other companies mentioned:
- Leboncoin (Adevinta Group)
- ParuVendu.fr
- Aramis Auto Groupe
- Reezocar (Société Générale)
- Spoticar (Stellantis)
- La Centrale Groupe
- Carmax
- Carizy (Renault Groupe)
- Capcar
- Sonic Automotive
- Autotrader
- Simplicicar
- EWIGO France
- Autohero
- Alcopa Auction
- Renault Recyclage Flins
- Enchères VO
- Cazoo
- Auto 1 Vendezvotrevoiture.com
- Autobiz