Online car dealer Cazoo hits £8m in profits as it prepares for US listing

Online car dealer Cazoo hits £8m in profits as it prepares for US listing thanks to a seven-fold increase in sales By City & Finance Reporter for the Daily Mail Published: 17:10 EDT, 2 August 2021 | Updated: 17:10 EDT, 2 August 2021 Founder of Cazoo, Alex Chesterman (pictured) Cazoo has turned a profit, preparing … Read more

As Cazoo offers car subscriptions, how do these services work?

If you rifle through your monthly bank statement, there is a fair chance you will come across at least one or two subscriptions. From a newspaper or magazine, to the gym, to Netflix, milk deliveries, beauty boxes and flowers, we are well used to paying regularly each month for things But, there is one area … Read more

How do I invest in the ‘Spacs’ that own UK firms Cazoo and Arrival?

I have read about two interesting UK companies listing on the US stock market recently via special purpose acquisition companies, also known as Spacs. If I wanted to invest in a company like online car seller Cazoo or electric vehicle maker Arrival, can I do that now it is listed on the US stock market. … Read more

Internet car dealer Cazoo eyes £5bn flotation

Online used-car dealer Cazoo is latest British technology star to be linked with a stock market listing By Mark Shapland For The Daily Mail Published: 21:57 GMT, 19 February 2021 | Updated: 22:18 GMT, 19 February 2021 Online used-car dealer Cazoo is the latest British technology star to be linked with a stock market listing.  … Read more

New UK unicorn companies 2020: Cazoo, Gousto and Gymshark make the list

Cazoo, Gousto and Gymshark were among the the latest companies to achieve unicorn status in 2020, a year which saw many businesses struggle. A total of 76 companies achieved the milestone from around the world, with the majority coming from the US, according to recent data from Tipalti. The figure is much lower than 122 … Read more

Cazoo sees an acceleration in trading as car sales go online

Cazoo sees an acceleration in trading as car sales go online: Website valued at £2bn after surge in business during virus crisis By Daily Mail City & Finance Reporter Published: 21:53 BST, 1 October 2020 | Updated: 22:07 BST, 1 October 2020 An internet marketplace for used cars has been valued at £2billion after seeing … Read more