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Startup Bidbus allows dealerships to bid on used cars, raises $15 million. · Cyprus Report

Business · World

Startup Bidbus allows dealerships to bid on used cars, raises $15 million.

1 sourceFirst reported 15 days agoUpdated 15 days ago

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Bidbus is a new startup that allows car dealerships to compete against each other by bidding on used cars.
The company has raised $15 million in a Series A funding round, led by Ibex Investors.
The platform aims to streamline the process of selling used cars for consumers by leveraging competitive bids from multiple dealerships.
Bidbus’s approach seeks to enhance transparency and potentially increase the selling price for used vehicles.

Generated by AI from the 1 sources below · always verify with the originals

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Summarising the coverage…

Generated by AI from the 1 sources below · always verify with the originals

All coverage (1)

This startup pits dealerships against each other to bid on your used carTechCrunch · 15 days ago

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AI summary: catch up in 20 seconds

Bidbus is a new startup that allows car dealerships to compete against each other by bidding on used cars.
The company has raised $15 million in a Series A funding round, led by Ibex Investors.
The platform aims to streamline the process of selling used cars for consumers by leveraging competitive bids from multiple dealerships.
Bidbus’s approach seeks to enhance transparency and potentially increase the selling price for used vehicles.

Generated by AI from the 1 sources below · always verify with the originals