Vroom hits record 81% of vehicles sold in Q3 sourced from consumers

Vroom saw increases in gross product revenue and gross profit per e-commerce unit and is addressing supply chain issues by sourcing more vehicles from consumers. The e-commerce platform reported 81% of its retail inventory sold was sourced from consumers, Vroom Chief Executive Paul Hennessy said on Wednesday’s earnings call. “Our competitive algorithm-based pricing methods make […]