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Vroom Completes Wind-Down Of ECommerce
UACC (United Auto Credit) and CarStory are two separate companies that offer different services in the automotive industry. UACC provides vehicle financing through third-party dealers, while CarStory offers an artificial intelligence-powered analytics and digital services platform for automotive retailers.
Vroom, a company that operates both UACC and CarStory, has announced plans to lay off 800 employees, which accounts for 90% of those not engaged with UACC or CarStory.
This move is part of Vroom's efforts to wind down its operations and focus on its remaining businesses.
According to a filing, UACC offers vehicle financing through third-party dealers, while CarStory provides an artificial intelligence-powered analytics and digital services platform for automotive retailers. ← →
Vroom, a company that operates both UACC and CarStory, has announced plans to lay off 800 employees, which accounts for 90% of those not engaged with UACC or CarStory.
This move is part of Vroom's efforts to wind down its operations and focus on its remaining businesses.
According to a filing, UACC offers vehicle financing through third-party dealers, while CarStory provides an artificial intelligence-powered analytics and digital services platform for automotive retailers. ← →
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