| Market Capitalization (Millions $) |
3,373 |
| Shares
Outstanding (Millions) |
105 |
| Employees |
1,343 |
| Revenues (TTM) (Millions $) |
904 |
| Net Income (TTM) (Millions $) |
39 |
| Cash Flow (TTM) (Millions $) |
-73 |
| Capital Exp. (TTM) (Millions $) |
67 |
Cargurus Inc
Cargurus Inc is an online automotive marketplace that operates in the United States, Canada, and the United Kingdom. The company was established in 2006 by Langley Steinert, co-founder of TripAdvisor, and has its headquarters in Cambridge, Massachusetts. The primary function of Cargurus is to assist consumers in finding and purchasing vehicles, as well as providing sellers with a platform to advertise their cars.
Cargurus is an active online marketplace with a database of over 5 million cars, SUVs, and trucks. The website is free to use for consumers, but the company monetizes itself through advertising and various paid services to dealerships. In addition to serving as a platform for consumers to search for vehicles, Cargurus also offers an extensive range of tools and features that assist users in making informed decisions.
One of Cargurus' standout features is its automotive industry analysis, which provides consumers with data on car prices, trends, and comparisons. The company has also created a pricing algorithm, which aggregates different data points to determine the fair market value of each car in its database. This feature ensures that car buyers get the best deals possible, while ensuring that sellers receive a fair price for their vehicles.
Cargurus also hosts user-generated content, such as car reviews, ratings, and rankings. This content helps consumers make informed decisions about potential vehicles and contributes to the overall transparency of the platform. In addition, the company provides a wide range of services to dealerships, such as lead generation, online listings, and inventory management tools.
Overall, Cargurus provides a wide range of features and services that assist both buyers and sellers in the automotive industry. With its comprehensive database, extensive analysis, and user-generated content, Cargurus has become one of the most popular and useful online automotive marketplaces for consumers and dealers alike.
Company Address: 1001 Boylston Street Boston 2115 MA
Company Phone Number: 354-0068 Stock Exchange / Ticker: NASDAQ CARG
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1.69% 
94.45 %