Carvana-Acquired Car360 Featured on “Shark Tank”
January 04 2019 - 8:00AM
Business Wire
Mark Cuban Takes a Spin Through Carvana’s
Virtual Vehicle Tour Technology
Carvana (NYSE: CVNA), a leading e-commerce platform for buying,
selling and financing used cars, will appear on “Shark Tank,”
airing Sunday, Jan. 6 at 9 p.m. ET on ABC Television. The episode
features a follow-up segment with Mark Cuban as he checks in with
Car360 founder Bruno Francois, to see how the company is doing
since their initial appearance on the show in 2013; including
Car360’s acquisition by Carvana in 2018.
“It was really fun showing Mark how our technology and knowledge
has integrated so well with Carvana’s,” said Bruno Francois, Car360
founder and Carvana product director. “From the time Mark committed
to investing in Car360 on “Shark Tank,” through the past few years
as we’ve grown, and into Car360’s acquisition by Carvana, he has
continued to be communicative and committed. We enjoyed showcasing
the resources and opportunity ahead of us as we change the way
people buy cars.”
Carvana, headquartered in Tempe, Ariz., is featured throughout
the segment, including showcasing the company’s patented photo
studios and proprietary technology that produce 360-degree used
vehicle digital tours. These high-definition photos highlight
features, imperfections, and detailed interior and exterior views
of every vehicle, giving customers a transparent virtual vehicle
tour experience.
“2018 was a huge growth year for us, and bringing the Car360
team into the fold set us up for some exciting enhancements moving
forward,” said Ernie Garcia, Carvana founder and CEO. “We’re
looking forward to debuting all that we’ve been working on
together, soon.”
Virtual vehicle tour technology is a key differentiator for
Carvana, which has more than 10,000 vehicles that consumers can
shop, finance, purchase and schedule delivery or Car Vending
Machine pickup, all in as little as 10 minutes, from the comfort of
home or on the go via mobile device. All Carvana vehicles come with
a 7-day return policy and are Carvana Certified, having passed a
rigorous 150-point inspection, have no frame damage and have never
been in a reported accident. Features, imperfections and updated
information about open safety recalls are listed on the car's
vehicle description page.
Carvana currently offers as-soon-as-next-day vehicle delivery in
85 markets across the U.S. and operates 15 Car Vending
Machines.
About Carvana (NYSE: CVNA)
Founded in 2012 and based in Phoenix, Carvana’s (NYSE: CVNA)
mission is to change the way people buy cars. By removing the
traditional dealership infrastructure and replacing it with
technology and exceptional customer service, Carvana offers
consumers an intuitive and convenient online car buying and
financing platform. Carvana.com enables consumers to quickly and
easily shop more than 10,000 vehicles, finance, trade-in or sell
their current vehicle to Carvana, sign contracts, and schedule
as-soon-as-next-day delivery or pickup at one of Carvana’s patented
automated Car Vending Machines.
For further information on Carvana, please visit
www.carvana.com, or connect with us on Facebook, Instagram or
Twitter.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190104005093/en/
CarvanaColleen Murphy404-214-0722,
ext.109cmurphy@trevelinokeller.com
Carvana (NYSE:CVNA)
Historical Stock Chart
From Aug 2024 to Sep 2024
Carvana (NYSE:CVNA)
Historical Stock Chart
From Sep 2023 to Sep 2024