Shift Technologies, Inc. (SFT)

Online platform for buying and selling used cars, providing end-to-end services including financing and delivery.

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Shift Technologies, Inc. operates an innovative ecommerce platform specializing in the buying and selling of used cars. Headquartered in San Francisco, California, the company facilitates the entire vehicle transaction process through its digital platform, offering customers the convenience of mobile-enabled car searching, on-demand test drives, and at-home purchasing options.

Founded in 2013, Shift Technologies, Inc. serves both retail and wholesale segments within the automotive market. In its retail segment, the company enables consumers to purchase used vehicles directly through its platform, providing financing options and various value-added products such as vehicle service contracts and maintenance plans to enhance customer satisfaction and vehicle ownership experience.

Additionally, Shift Technologies engages in wholesale activities by selling used vehicles through auctions or directly to wholesalers. This dual approach allows the company to cater to diverse customer needs while leveraging its technology-driven solutions to streamline the car buying process.

With a commitment to transforming the traditional car buying experience, Shift Technologies continues to expand its footprint and service offerings, aiming to revolutionize the way consumers shop for and sell used vehicles in the digital age.

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