
Carvana (CVNA) is a leading U.S. e-commerce platform that has revolutionized the used vehicle market by shifting the entire buying and selling process online. The company is famous for its multi-story "Car Vending Machines," which serve as automated pick-up points for customers. By leveraging a proprietary technology platform and a nationwide logistics network, including the strategic acquisition of ADESA in 2022, Carvana offers a seamless experience that includes financing, trade-ins, and as-soon-as-next-day delivery.
Founded in 2012 and headquartered in Tempe, Arizona, the company operates 39 car vending machines, providing next-day delivery in over 300 markets nationwide.