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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. Orlando, Tempe, Cleveland, Philadelphia, Indianapolis, Pittsburgh, Chicago, Kansas City, Greensboro, Westminster (L.A.), Apparently that will get you in trouble on the Street. Ontario (L.A.),

Company 130
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How GM’s Maven Is Driving Unattended Urban Mobility

PYMNTS

Could unattended retail be the solution? According to a United Nations study released last year, cities are home to more than half the world’s population. These unattended vehicle solutions are geared toward urban residents who need access to a vehicle they can operate themselves but don’t want to own or lease.

Mobile 102
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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

Indeed, co-founder Alejandro Resnik, the CEO, told the WSJ in 2015 that it was looking to raise a “monster round” of $300 million at a $2 billion valuation to fuel its national expansion. Australian music streaming company Guvera has reportedly stopped operating, with its co-founder and biggest financial backer walking away from the project.

Capital 78