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Carvana Acquires Carlypso

Carvana Acquires Carlypso Featured

Carvana has acquired online competitor Carlypso.Initially established as a peer-to-peer car selling service, Carlypso evolved into a managed marketplace, giving consumers direct access to wholesale inventory. Carlypso developed proprietary data, analytics, and machine learning tools to filter, value and price cars without ever actually seeing them, and scaling that process to analyze over 200,000 cars each day. Carvana plans to integrate these with similarly purposed proprietary technology that it has created.
Last modified on Wednesday, 09 August 2017 18:01
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