1 Followers USX:CARG - CarGurus Inc CarGurus
Sector: Consumer Discretionary, Industry: Automotive Retail
Next Earnings: 7 May 2024
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USD 23.08    +0.08 (+0.35%)

28 Mar 2024


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General

CEO: Mr. E. Langley Steinert

IPO: 2017-10-12

Headquarters: US

Employees: 1,403

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Description

CarGurus Inc is a company that acts as an online automotive marketplace connecting buyers and sellers of new and used cars. The company provides three types of marketplace Listing products, Restricted Listings, and Enhanced or Featured Listing through which it offers real-time and historical data analyzing the connections and pricing analysis. The listing platforms offer auto manufacturers and others to buy advertising on the company's site and target consumers based on the make, model, and zip code of the cars. The company operates through two segments namely U.S. Marketplace and Digital Wholesale. It generates majority of revenue from the U.S. Marketplace.

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