The used-car dealer that was a pandemic winner is rushing to conserve cash as once-plentiful financing…
Tag: Carvana
Rising Interest Rates Put the Squeeze on Fintech Lenders
Rising interest rates have brought highflying consumer lenders back to earth. Finance companies such as Upstart…
Carvana Cuts Costs as Demand for Used Autos Remains Under Pressure
Online used-car dealer Carvana Co. said it is aggressively cutting costs as demand from consumers remains…
London-Based Hedge Fund Reels as Tech Bet Goes Wrong
Stock-picking hedge funds around the world are hurting amid the market rout. And then there is…
The red-hot cash-burn problem of e-commerce
With the winds blowing in the wrong direction, some e-commerce companies may face the risk that…