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Kim Stonehouse, the head of Facebook Auto, said the courses “should allow anyone to become more of an expert and, most importantly, use our tools in the most efficient way.”
Ola’s decision to go international was prompted by the potential of clocking higher revenues with lesser burn in these developed markets compared to India.
George Arison, a Google alumni and currently CEO at Shift, saw the problem with auto remarketing in the US. Basically, if you want to buy a used car in the States, you only have three options.
The commission said that there is a vertical overlap because the Naspers Group owns and operates OLX and Auto Trader, and WeBuyCars, utilizing these platforms to either sell or purchase vehicles.
The stock traded as low as $60.50 and last traded at $61.58. Approximately 2,153,100 shares traded hands during trading, an increase of 147% from the average daily volume of 872,058 shares.
Purchasing a used car can be a frustrating effort, even more so when consumers start sifting through all the choices online. There are plenty of websites and information flooding consumers about where and who to buy from.
The IPO of Uber and Lyft, two of the major mobility platforms, has served to know what until now was only an open secret: the business model, despite growing year by year, is not profitable.
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