OPENLANE Inc.
D

OPLN

37.690
USD
-0.37
(-0.97%)
Market Closed
Last updated: · Delayed 15 min
Volume
27,081
EPS
1
Div Yield
-
P/E
-61
Market Cap
4,600,813,212
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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