Drover (company)
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Drover (company)
Drover was a London-based company providing vehicle subscriptions. Users paid a recurring fee for the right to use a car with insurance, maintenance, tax, MOT and breakdown coverage, and could swap vehicles during the subscription or to cancel their subscriptions outright. History Drover was founded in late 2015 by Felix Leuschner, previously CEO of a fashion platform Sylistpick and virtual goods market Gamegoods, and Matt Varughese. They had observed that most of the innovation in the mobility space had been focused on how to get from A to B but that very little had been done around car ownership itself. In March 2018 Drover received funding of £5.5m from investors including BP Ventures, Partech Ventures and Cherry Ventures. This was on top of a £2m pre-seed investment. In April 2018 Drover partnered with BMW Group to provide BMW and Mini vehicles on the platform. In December 2020, Drover announced that they were being acquired by Cazoo Cazoo is a British online car ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Vehicle Subscription
Vehicle subscription is a service where a customer pays a recurring fee for the right to use one or more automotive vehicles. Some vehicle subscriptions offer insurance and maintenance as part of the subscription fee; other subscriptions allow the subscriber to switch between different vehicles during their subscription period. Industry commentators consider vehicle subscription to be an alternative to owning or leasing a vehicle. Vehicle subscriptions have been available since 2010 when Rima Braden of Autosource, LLC offered a short-term flexible auto acquisition program from his dealership in Honolulu, Hawaii that he coined "Flexlease". Rebranded as "Carousel" in 2013, the program was restricted to the city and county of Honolulu and remains in operation today. In 2014 flexdrive, now jointly owned by Cox Automotive and Holman Enterprises, launched. Clutch Technologies, a start-up, launched a subscription service for consumers in Atlanta in mid-2014; Flow Automotive Compan ...
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Virtual Goods
Virtual goods are non-physical objects and money purchased for use in online communities or online games. Digital goods, on the other hand, may be a broader category including digital books, music, and movies. Virtual goods are intangible by definition. Including digital giftsSales of virtual goods boom in US
news.bbc.co.uk, 10:32 GMT, Thursday, 22 October 2009
and digital clothing for , virtual goods may be classified as instead of



Car Ownership
Car ownership is the ownership of a car. Car ownership typically requires far fewer permits than driving that car on public roads (i.e. driver's license, car insurance, etc.). History Levels of ownership have risen significantly since automobiles were pioneered in the 19th century. The United States was the first country in which mass ownership became common and 60% of families owned a car in 1929. By the 21st century in the United States, there was, on average, a vehicle for every person of driving age and more vehicles than people with driving licenses. This level of ownership was so great that, in 2010, the total number of vehicles dropped significantly for the first time, falling by four million to 247 million. Overall, across the world, levels of ownership increased fourfold between 1950 and 1999, from 48 people per automobile in 1950 to just 12. Forms of ownership A car is typically a major purchase and so there are a variety of financial schemes to facilitate the purchas ...
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Mini
The Mini is a small, two-door, four-seat car, developed as ADO15, and produced by the British Motor Corporation (BMC) and its successors, from 1959 through 2000. Minus a brief hiatus, original Minis were built for four decades and sold during six, from the last year of the 1950s into the last year of the 20th century, over a single generation, as fastbacks, estates, and convertibles. The original Mini is considered an icon of 1960s British popular culture. Its space-saving transverse engine and front-wheel drive layout – allowing 80% of the area of the car's floorpan to be used for passengers and luggage – influenced a generation of car makers. In 1999, the Mini was voted the second-most influential car of the 20th century, behind the Ford Model T, and ahead of the Citroën DS and Volkswagen Beetle.
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Cazoo
Cazoo is a British online car retailer based in London, England which was founded in 2018 by Alex Chesterman. History Cazoo was founded in 2018 by British internet entrepreneur Alex Chesterman. It launched an online marketplace for used cars in December 2019, which became its primary business. In 2021 Cazoo expanded internationally, launching its used car marketplace in Germany and France. In January 2022 the company acquired leading Italian online car retailer Brumbrum and in May 2022, Cazoo announced the launch of its online car marketplace in Spain. Sponsorship As of February 2021, Cazoo is the main sponsor of Aston Villa. They are also the sponsor of The Derby, The Oaks, the Coronation Cup at Epsom, and the St Leger Stakes. In February 2021, Cazoo signed a multi-year deal with the World Snooker Tour as the main sponsor of the Cazoo Cup events, namely the World Grand Prix, the Players Championship, and the Tour Championship. This was later extended to include the UK Cham ...
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