Carvana: The Used car Dealer Benefits From Increasing Scalability, Enhancing Services and Expanding Margins

Carvana is an e-commerce platform for buying and selling used cars. The company generates revenue primarily from used car sales and vehicle wholesale. Carvana has made a remarkable turnaround to profitability and consistently exceeds analysts' expectations. As a pioneer in online used car sales, Carvana benefits from the ongoing digitization. The scalable model and the ambition to sell millions of vehicles annually offer enormous long-term growth opportunities in a huge and traditional market. Carvana (NYSE: CVNA) has recently made...