Online car retailer Cazoo acquires UK-based car subscription platform Drover

The ‘cars-as-a-service’ category continues to be hot like the sun. Cazoo, the high-flying UK car e-tailer, this morning announced that it has acquired Drover, a car subscription platform also based in the UK, for an undisclosed sum. Cazoo says the deal will help it expand across Europe, as market consolidation has kicked off in the […]

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UK used car marketplace Cazoo acquires Imperial Car Supermarket

Cazoo, an online marketplace for buying used cars in the UK, has acquired Imperial Car Supermarkets, one of the largest independent used car retailers in the UK. Just three weeks ago, the tech company reached unicorn status, its valuation passing $1 billion after a $31 million fundraising round. The chain has 18 retail sites selling […]