Cazoo Group Ltd (CZOO)
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- The Telegraph
Used car dealer Cazoo poised to enter administration
The online car supermarket Cazoo is on the brink of insolvency after failing to secure emergency funding.
- Business Wire
Cazoo Announces Transition to Pure-Play Automotive Marketplace Business Model
LONDON & NEW YORK, March 06, 2024--Cazoo Group Ltd (NYSE: CZOO) ("Cazoo" or "the Company"), the UK online used car platform which makes buying and selling a car as simple as ordering any other product online, announces its intention to transition to a marketplace business model, leveraging the strength of the Cazoo brand and the market-leading ecommerce platform it has built in online automotive retailing for the benefit of the 13,000 car dealers operating in the UK’s highly fragmented used car
- The Telegraph
Used car retailer Cazoo seeks cash lifeline to escape insolvency
The troubled used car supermarket Cazoo is scrambling for a lifeline as it sinks further into a funding crisis.
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