Saturday, October 2, 2021

Online used-car dealers like Shift, Vroom, and Carvana have seen record sales over the past year, as the pandemic and chip shortages upended the US auto market (Kyle Stock/Bloomberg)

Kyle Stock / Bloomberg:
Online used-car dealers like Shift, Vroom, and Carvana have seen record sales over the past year, as the pandemic and chip shortages upended the US auto market  —  In December, David Tvaltchrelidze bought a 2016 Mazda Miata for $16,450 from Shift Technologies Inc., one of a crop …



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Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was "north of $400M", up from $20M a year ago, and it is set to hit $1B ARR by 2026-end (Financial Times)

Financial Times : Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was “north of $400M”, up from $20M a year ...