abracky
4 years ago
RumbleOn Launches 3.0 With Over 18,000 Powersport Vehicles Available
Source: Business Wire
Increases Listings on RumbleOn.com by More Than 25x
Over 130 Powersports Locations Across 33 States Participating in the launch
RumbleOn, Inc (NASDAQ: RMBL), an e-commerce company using innovative technology to aggregate and distribute pre-owned vehicles to and from both consumers and dealers, announced that it launched the newest generation of RumbleOn, RumbleOn.com 3.0, bringing over 18,000 powersport vehicles to consumers nationwide.
Across the country franchise and independent dealerships are looking to RumbleOn.com 3.0 to significantly improve and accelerate their online presence. At the time of the launch there are over 130 powersports locations across 33 states participating.
βThe newest generation of RumbleOn is well on its way to being a great success and we are truly excited by the prospects for the future. We are driving quality leads to participating dealers and enhancing the online experience for consumers and dealers alike,β said Marshall Chesrown, Chief Executive Officer. βWe have already seen tremendous adoption of this new way for powersports dealers to transact online. The launch of RumbleOn 3.0 has increased overall listings on RumbleOn.com by more than 2,500% and we continue to add listings as we register new dealers who are looking to RumbleOn to drive sales volume. We view this launch as a catalyst for engagement on RumbleOn, enabling us to participate in more transactions across the powersport industry,β concluded Chesrown
βAll retailers are looking for new ways to reach customers, and dealers need access to tools and technology to stay competitive in the βnew normalβ of online transactions. RumbleOn uses its vast Powersports e-commerce experience and data intelligence to optimize the buyer's journey with hyper-personalization driven by data and machine learning. Dealers around the country are choosing RumbleOnβs technology solutions to lead their transformation to transact digitally. Further, we are excited to have the RideNow Powersports group join the launch. A highly successful and innovative organization representing 46 dealerships across the nation is certainly validation of the platform that RumbleOn has built. We are clearly an incremental sales volume opportunity for every dealer large or small, regardless of their geographic location,β said RumbleOnβs Chief Operating Officer Peter Levy.
βWe are excited to be part of this game changing launch and look forward to working with the entire RumbleOn team to expand our online capabilities and visibility worldwide. We look forward to listing our entire catalogue of new and used inventory with RumbleOn.com and the incremental leads, potential sales volume and advanced capabilities their site will bring,β said Mark Tkach, CEO of RideNow Powersports.
About RumbleOn
Founded in 2017, RumbleOn (NASDAQ: RMBL) is an e-commerce company using innovative technology to aggregate and distribute pre-owned automotive and powersport vehicles to and from both consumers and dealers, 100% online. RumbleOn is disrupting the pre-owned vehicle supply chain by providing dealers with technology solutions such as virtual inventory, and a 24/7 distribution platform, and consumers with an efficient, timely and transparent transaction experience, without leaving home. Whether buying, selling, trading or financing a vehicle, RumbleOn enables dealers and consumers to transact without geographic boundaries in a transparent, fast and friction free experience. For more information, please visit http://www.rumbleon.com.
Cautionary Note Regarding Forward Looking Statements
This press release may contain βforward-looking statementsβ as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as βexpects,β βprojects,β βwill,β βmay,β βanticipates,β βbelieves,β βshould,β βintends,β βestimates,β and other words of similar meaning. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on RumbleOnβs expectations as of the date of this report and speak only as of the date of this report and are advised to consider the factors listed under the heading βForward-Looking Statementsβ and βRisk Factorsβ in RumbleOnβs SEC filings, as may be updated and amended from time to time. RumbleOn undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20200824005166/en/
Investor Relations:
The Blueshirt Group
Dylan Solomon
investors@rumbleon.com
abracky
4 years ago
RumbleOn to Announce Second Quarter 2020 Financial Results on August 14, 2020
Source: Business Wire
RumbleOn, Inc (NASDAQ: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade or finance pre-owned vehicles, today announced it will release second quarter 2020 financial results before market opens on August 14, 2020. On that day management will host a conference call and webcast at 8:30 a.m. ET to discuss the companyβs business and financial results.
Webcast and Conference Call Details
When: August 14, 2020 at 8:30 a.m. ET
Webcast: A live and archived webcast of the call can be accessed from the Events & Presentations section of RumbleOnβs Investor Relations website, https://investors.rumbleon.com
Dial In: To access the live call please dial (877) 273-6127, or (647) 689-5394 for callers outside North America (Conference ID: 2089921). Due to high call volume, it is suggested participants dial-in to the call 15 minutes prior to its scheduled start time to avoid delays
Audio Replay: A telephonic replay of the conference call will be available until August 22, 2020, and can be accessed by dialing (800) 585-8367, or (416) 621-4642 for callers outside North America (Conference ID: 2089921)
About RumbleOn
RumbleOn (NASDAQ: RMBL) is an e-commerce company that uses innovative technology to simplify how dealers and customers buy, sell, trade, or finance pre-owned vehicles through RumbleOnβs 100% online marketplace. Leveraging its capital-light network of regional partnerships and innovative technological solutions, RumbleOn is disrupting the old-school pre-owned vehicle supply chain by providing dealers with technology solutions and consumers with an efficient, timely and transparent transaction experience. For more information, please visit http://www.rumbleon.com.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20200720005748/en/
Investor Relations:
The Blueshirt Group
Dylan Solomon
investors@rumbleon.com
abracky
4 years ago
RumbleOn to Bring Online Capabilities to Powersport Dealers Across the Nation
Source: Business Wire
Announces Upcoming Launch of the Third Generation of RumbleOn.com - RumbleOn.com 3.0
RumbleOn (NASDAQ: RMBL), the e-commerce company using innovative technology to simplify how dealers and consumers buy, sell, trade or finance pre-owned vehicles, today announced the upcoming launch of RumbleOn.com 3.0, expected in early August.
RumbleOn.com 3.0 will allow dealers to list both new and used powersports on RumbleOnβs consumer website and leverage RumbleOnβs technology such as cash offers, RumbleOn Finance and an enhanced Dealer Direct platform which will offer B2B wholesale transactions in addition to virtual inventory. Providing online capabilities to brick and mortar dealers across the country will enable participating dealers to operate online using RumbleOnβs feature-rich technology and address the growing demand for online-only transactions.
βWe are launching a comprehensive enhancement to our technology solution, RumbleOn.com 3.0, which will enable powersport dealers to compete in an increasingly online marketplace. We are giving them access to technology and digital tools currently unavailable to most dealers, thus eliminating geographic boundaries and making them more competitive online. The traction we are seeing from the early days of signing up dealers is evidence that they are ready to embrace the new features and enhanced capabilities 3.0 has to offer,β said RumbleOnβs Chief Executive Officer Marshall Chesrown. βOur enhanced platform, with hundreds of dealers and the robust aggregation of thousands of vehicles on RumbleOn.com, will simplify and improve the desired customer experience like never before.β
βOur agnostic model, sophisticated technology and proven processes leave us uniquely positioned to support dealers, no matter how big or small, for all their sales needs, while creating more opportunities to monetize our technology,β concluded Chesrown.
About RumbleOn
RumbleOn (NASDAQ: RMBL) is an e-commerce company that uses innovative technology to simplify how dealers and customers buy, sell, trade, or finance pre-owned vehicles through RumbleOnβs 100% online marketplace. Leveraging its capital-light network of regional partnerships and innovative technological solutions, RumbleOn is disrupting the old-school pre-owned vehicle supply chain by providing dealers with technology solutions and consumers with an efficient, timely and transparent transaction experience. For more information, please visit http://www.rumbleon.com.
Cautionary Note Regarding Forward Looking Statements
This press release may contain βforward-looking statementsβ as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as βexpects,β βprojects,β βwill,β βmay,β βanticipates,β βbelieves,β βshould,β βintends,β βestimates,β and other words of similar meaning. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on RumbleOnβs expectations as of the date of this report and speak only as of the date of this report and are advised to consider the factors listed under the heading βForward-Looking Statementsβ and βRisk Factorsβ in RumbleOnβs SEC filings, as may be updated and amended from time to time. RumbleOn undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20200720005164/en/
Investor Relations:
The Blueshirt Group
Dylan Solomon
investors@rumbleon.com