Vroom

Vroom Delivery Partners with Finix to Create First C-Store Specific Online Payment Solution

Retrieved on: 
Monday, April 8, 2024

MIAMI, April 8, 2024 /PRNewswire/ -- Vroom Delivery, a digital commerce platform for convenience stores, has partnered with Finix, a full-stack payment processor and infrastructure provider, to create Pay360, the first online payment solution specifically tailored for the convenience store industry. Pay360 not only cuts rates well below typical online payment solutions such as Stripe or Braintree, but also allows for the secure online sale of age restricted items.

Key Points: 
  • MIAMI, April 8, 2024 /PRNewswire/ -- Vroom Delivery , a digital commerce platform for convenience stores, has partnered with Finix , a full-stack payment processor and infrastructure provider, to create Pay360, the first online payment solution specifically tailored for the convenience store industry.
  • Pay360 not only cuts rates well below typical online payment solutions such as Stripe or Braintree, but also allows for the secure online sale of age restricted items.
  • Retailers that sell age restricted products online are often deemed higher risk by legacy payment processors due to increased fraud associated with these items.
  • "Finix is thrilled to announce its partnership with Vroom Delivery, aiming to drive down their processing costs while enhancing transaction insights to their processing solution" said Richie Serna, CEO of Finix.

Vroom Delivery Launches Commerce 360 Initiative

Retrieved on: 
Wednesday, February 28, 2024

MIAMI, Feb. 28, 2024 /PRNewswire/ -- Vroom Delivery today announced the launch of Commerce 360, the first full-stack Digital Commerce solution designed specifically for convenience stores. Commerce 360 facilitates a seamless omnichannel experience by automating the management of product information and inventory across all digital ordering and delivery channels. Reflecting the transformative nature of today's announcement, Vroom Delivery is also proud to unveil a new logo and refreshed brand identity.

Key Points: 
  • MIAMI, Feb. 28, 2024 /PRNewswire/ -- Vroom Delivery today announced the launch of Commerce 360, the first full-stack Digital Commerce solution designed specifically for convenience stores.
  • Commerce 360 facilitates a seamless omnichannel experience by automating the management of product information and inventory across all digital ordering and delivery channels.
  • "We launched Vroom Delivery in 2016 with the mission to enable proprietary delivery services for convenience stores, but we soon realized a broader vision," says John Nelson, CEO and Co-Founder of Vroom Delivery.
  • "Commerce 360 is an all-in-one solution that we see as the foundation for this industry's digital future," says Jeff Nelson, CTO and Co-Founder of Vroom Delivery.

Vroom Announces “At The Market” (ATM) Equity Offering Program

Retrieved on: 
Friday, December 1, 2023

There can be no assurance that the Company will issue and sell any shares under the ATM Program.

Key Points: 
  • There can be no assurance that the Company will issue and sell any shares under the ATM Program.
  • The shares will be offered pursuant to an equity distribution agreement between the Company and Virtu Americas LLC, as sales agent.
  • 333-267361) filed by Vroom with the SEC on September 9, 2022, and which became effective on September 20, 2022, for the offering of shares.
  • Any offer, solicitation or sale will be made only by means of the prospectus supplement and the accompanying prospectus.

Vroom Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Wednesday, November 22, 2023

Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today reported that on November 18, 2023, the Compensation Committee of Vroom’s Board of Directors approved the grant of inducement restricted stock unit awards covering 96,925 shares of Vroom’s common stock to 11 employees of Vroom and its affiliates to induce them to join as employees of Vroom and its affiliates.

Key Points: 
  • Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today reported that on November 18, 2023, the Compensation Committee of Vroom’s Board of Directors approved the grant of inducement restricted stock unit awards covering 96,925 shares of Vroom’s common stock to 11 employees of Vroom and its affiliates to induce them to join as employees of Vroom and its affiliates.
  • The awards were granted under Vroom’s 2022 Inducement Award Plan, and generally vest in equal annual increments of 1/3 over the three-year period following their grant, subject to continued employment through each applicable vesting date.
  • The awards were granted as employment inducement awards pursuant to the Nasdaq listing rules.

Vroom Partners with West Virginia DMV To Reduce Wait Time for Vehicle Titles

Retrieved on: 
Tuesday, November 7, 2023

As the only retailer with access to this digital title clearinghouse, Vroom will be able to transfer out-of-state titles into the company’s name and significantly reduce the timeline for processing them.

Key Points: 
  • As the only retailer with access to this digital title clearinghouse, Vroom will be able to transfer out-of-state titles into the company’s name and significantly reduce the timeline for processing them.
  • “Vroom’s mission is to create a car buying experience for customers that is easy and provides them peace of mind,” said Tom Shortt, Chief Executive Officer of Vroom.
  • “We would like to thank West Virginia Governor Jim Justice and DMV Commissioner Everett Frazier for their leadership and partnership as we work together to lead the digitization of vehicle titling.
  • “The West Virginia DMV is excited to launch its National Digital Title Clearinghouse with Vroom as its first adopter,” said Commissioner of the West Virginia DMV Everett Frazier.

The Best of What's New CSP Announces Winners of 2023 Retailer Choice Best New Product Contest

Retrieved on: 
Wednesday, October 4, 2023

CHICAGO, Oct. 4, 2023 /PRNewswire/ -- CSP is excited to announce the winners of its 20th annual Retailer Choice Best New Product Contest.

Key Points: 
  • CHICAGO, Oct. 4, 2023 /PRNewswire/ -- CSP is excited to announce the winners of its 20th annual Retailer Choice Best New Product Contest.
  • Hundreds of convenience retailers voted in this year's competition, choosing winners from CPG manufacturers large and small.
  • Awards will be presented to the contest winners during the NACS Show convention and tradeshow Oct. 3-6 in Atlanta.
  • Hershey Co.'s Reese's Dipped Animal Crackers are bite-sized animal crackers covered in peanut butter candy and dipped in milk chocolate.

Vroom to Release Third Quarter 2023 Earnings on November 7, 2023

Retrieved on: 
Tuesday, October 3, 2023

Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that it will release its financial results for the third quarter ending September 30, 2023, after the market closes on Tuesday, November 7, 2023.

Key Points: 
  • Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that it will release its financial results for the third quarter ending September 30, 2023, after the market closes on Tuesday, November 7, 2023.
  • Vroom management will discuss these results and other information regarding the Company during a conference call and audio webcast on Wednesday, November 8, 2023 at 8:30 a.m.
  • To access the conference call, please register at this embedded link which is also available on our investor relations website.
  • An archived webcast of the conference call will be accessible on the website within 48 hours of its completion.

Vroom Delivery® and Uber Partner to Bridge Proprietary and Marketplace Ordering for Convenience Stores

Retrieved on: 
Monday, July 17, 2023

MIAMI, July 17, 2023 /PRNewswire/ -- Vroom Delivery, a leading provider of proprietary e-commerce software for the convenience retail industry, and global technology platform Uber have signed an agreement to expand and improve convenience store delivery options for consumers. Stores using Vroom Delivery's backoffice, inventory, and loyalty products can now leverage enhanced integrations to Uber Eats to power orders from the Uber Eats app, as well as a new integration with Uber Direct, Uber's white-label delivery fulfillment service, to power orders from merchant-owned channels.

Key Points: 
  • Vroom Delivery currently partners with regional and national chains representing over 3,000 stores in nearly 40 US States to manage their proprietary ordering solutions.
  • Additionally, Uber is offering marketing incentives to convenience retailers on the Vroom Delivery platform that utilize Uber Direct for their white label fulfillment.
  • Stores using both the Vroom Delivery proprietary ordering solution and the Uber Eats Marketplace can have orders from both channels automatically rung-up and routed to a single tablet with thermal receipt printer capabilities.
  • John Nelson, CEO of Vroom Delivery, said, "We are so thrilled to be partnering with Uber to help convenience retailers grow their online sales.

Vroom to Release Second Quarter 2023 Earnings on August 8, 2023

Retrieved on: 
Tuesday, July 11, 2023

Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that it will release its financial results for the second quarter ending June 30, 2023, after the market closes on Tuesday, August 8, 2023.

Key Points: 
  • Vroom, Inc. (Nasdaq: VRM), a leading e-commerce platform for buying and selling used vehicles, today announced that it will release its financial results for the second quarter ending June 30, 2023, after the market closes on Tuesday, August 8, 2023.
  • Vroom management will discuss these results and other information regarding the Company during a conference call and audio webcast on Wednesday, August 9, 2023 at 8:30 a.m.
  • To access the conference call, please register at this embedded link which is also available on our investor relations website.
  • An archived webcast of the conference call will be accessible on the website within 48 hours of its completion.

Aledade Secures $260 Million Series F Financing Round to Expand and Enhance Services for its Nationwide Network of Primary Care Practices

Retrieved on: 
Wednesday, June 21, 2023

“After a decade of experience with different value-based models, it’s clear what works – giving primary care accountability for the total cost and quality of care.

Key Points: 
  • “After a decade of experience with different value-based models, it’s clear what works – giving primary care accountability for the total cost and quality of care.
  • We founded Aledade in 2014 on the premise that we can scale the success of value-based primary care,” said Farzad Mostashari, MD, CEO and co-founder of Aledade.
  • Aledade’s more than 150 value-based care contracts collectively cover more than two million patients and more than $20 billion in total health care spending.
  • To date through 2022, Aledade and its primary care partners have saved the U.S. health care system more than $1.7 billion.