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Cazoo

Auto e-commerceUK
💀 Dead / Bankrupt
Peak $8 BillionToday
~-99%
from peak
  1. 🦄
    Became a unicorn
    2020
  2. 📈
    Peak valuation
    $8 Billion ’21
  3. 💔
    Became a Unitard
    2024
  4. 💸
    Last valuation
    ~$0
Current status
Administration 2024; NYSE delisted

How it happened

Cazoo was a UK online used-car retailer that listed via SPAC in 2021 at a valuation near $8B. A cash-burning logistics-heavy model, slumping demand, and a tough financing environment forced deep cost cuts and a pivot to a marketplace model. The company was delisted from the NYSE and entered administration in 2024, collapsing roughly 99% from its peak.

Source: Sifted