Carvana acquires Adesa US auction business for $2.2B to jump-start used car sales
TechCrunch Industry News · TechCrunch
February 28, 20224m 50s
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Show Notes
Carvana, the online used car marketplace, has agreed to buy Kar Global’s Adesa U.S. auction subsidiary for $2.2 billion in cash, an acquisition aimed at adding another revenue stream as well as a network of physical sites that could help bolster operations.
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