Cazoo, once valued at £5bn+, to collapse into administration

Cazoo’s spectacular fall from grace is almost complete as reports suggest it will collapse into administration today. The UK-founded firm, which listed in New York in 2021 and was once valued at more than £5 billion, is expected to appoint Teneo as administrators a week after it filed to seek temporary protection from creditors. On … Continue reading Cazoo, once valued at £5bn+, to collapse into administration