ACV Auctions, Inc. provides a vibrant digital marketplace for wholesale vehicle transactions and data services, which offers transparent and accurate vehicle information to its customers. The company is headquartered in Buffalo, New York and currently employs 2,900 full-time employees. The company went IPO on 2021-03-24. Its marketplace platform leverages data insights and technology to power its digital marketplace and data services, enabling its dealers and commercial partners to buy, sell and value vehicles. Its marketplace platform includes Digital Marketplace, Remarketing Centers, Data Services, and Data and Technology. Digital Marketplace connects buyers and sellers of wholesale vehicles. Remarketing Centers provide an additional channel to provide dealers and commercial partners with auction services. Data Services offers insights into the condition and value of used vehicles for transactions both on and off its marketplace. The Data and Technology helps in vehicle inspections, vehicle intelligence reports, digital marketplace, and operations automation. Its offerings include ACV Auctions, ACV Transportation, ACV Capital, ACV MAX, True360, and ClearCar.
Follow-Up Questions
Who is the CEO of ACV Auctions Inc?
Mr. George Chamoun is the Chief Executive Officer of ACV Auctions Inc, joining the firm since 2016.
What is the price performance of ACVA stock?
The current price of ACVA is $10.46, it has increased 1.16% in the last trading day.
What are the primary business themes or industries for ACV Auctions Inc?
ACV Auctions Inc belongs to Commercial Services & Supplies industry and the sector is Industrials
What is ACV Auctions Inc market cap?
ACV Auctions Inc's current market cap is $1.8B
Is ACV Auctions Inc a buy, sell, or hold?
According to wall street analysts, 15 analysts have made analyst ratings for ACV Auctions Inc, including 7 strong buy, 10 buy, 3 hold, 0 sell, and 7 strong sell
