O

OPENLANE Inc.
D

OPLN

39.390
USD
0.90
(2.34%)
Market Closed
Volume
67,723
EPS
1
Div Yield
-
P/E
-50
Market Cap
4,173,217,115
Overview

Title: OPENLANE Inc.

Sector: Consumer Cyclical
Industry: Auto & Truck Dealerships
Openlane Inc provides a digital marketplace for used vehicles, connecting sellers and buyers in North America and Europe for fast and transparent transactions. Its services include financing, repossessions, repairs, transportation, warranty, and inventory management. The company operates used-vehicle auctions and has two main segments: Marketplace and Finance, with majority revenue coming from the Marketplace segment, which to used vehicle remarketing, including marketplace services, remarketing, or make ready services and all are interrelated, synergistic elements along the auto remarketing chain. The Finance segment, through AFC engaged in business of providing short-term, inventory-secured financing to independent vehicle dealers.
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