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Vroom eCommerce Sales Platform Raises $254M

PYMNTS

Vroom , an online marketplace for buying and selling vehicles, has raised $254 million in a Series H funding round, according to a release by the company. Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. Vroom has raised $721 million so far.

Detroit 131
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Stepping Into 21st Century Hospitality With Apartments And Technology

PYMNTS

As a result, the company can architect all the elements of its operation from technology to process and its people from the ground up with insight from the current day. In the future, the company aims to provide more space as well as amenities and technology, among other plans. The Market.

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Auto Sales Race Toward A New Retail Future

PYMNTS

For instance, online marketplace and auction site eBay has released eBay Motors, a new app that uses AI to list a car in under five minutes, according to a report by The Verge. The online marketplace company aims to eventually use AI technology on descriptions, so that a user could give basic details and the AI would flesh out the rest.

Retail 131
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How Ghost Kitchens Are Altering The QSR Landscape

PYMNTS

Diners will place orders via third-party online food delivery platforms, phone or the restaurant’s website. From Chipotle Mexican Grill to DoorDash , quick-service restaurants and technology platforms are making it easier for consumers to order their favorite foods. QSRs are incorporating the technology into their business models.

Tampa 134
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Retail Pulse: Luckin Taps Into Automated Retail; Little Caesars To Team With DoorDash

PYMNTS

Coffee retailers are tapping into digital technology that helps them grow their reach beyond their stores, especially in China, where competition has been brewing between Chinese coffee chain Luckin Coffee and Starbucks. For its part, Luckin has 4,507 self-operated stores as of the close of last year. states and 24 countries.

Retail 131
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Beyond Amazon Go: The Technologies And Players Shaping Cashier-Less Retail

CB Insights

Despite the rise of e-commerce and mobile, the physical channel still plays an important role in consumer experience — and retailers are increasingly leveraging technologies to stay afloat. Cashier-less technology is one of the latest trends to dominate conversation. The technologies supporting a cashier-less environment.

Retail 71
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Bright Paths Students Demonstrate New Skills with Incredible Variety of Apps

Perficient

Within mere weeks, 22 women are in the final stages of completing a Perficient-sponsored coding bootcamp in Detroit; their final project includes designing their own apps, all of which serve the world in various ways and all certain to make an impact. Technology Stack: PostgreSQL, Flask, SQLAlchemy, React, Material UI, ChartJS.

Milwaukee 348