Nov 23, 2021 / 11:00AM GMT
Adam Berlin - UBS - Analyst
Hi, good morning, everyone. I am delighted to welcome Alex Chesterman, Founder and CEO of Cazoo; and Robert Berg, Head of Investor Relations, to talk about Cazoo this morning. This is the third out of 15 main sessions we're having at our Online Marketplaces Conference in the next couple of days. My name is Adam Berlin, and I cover media and Internet stocks at UBS. Thanks very much for joining us, Robert and Alex. For those of you who may not be really familiar, Cazoo is an online car retailer which IPOed in the US earlier this year. Its market cap is around $7 billion.
Questions and Answers:
Adam Berlin - UBS - AnalystI'm going to start with a few questions for Alex. (Conference Instructions) So, Alex, let me start by asking you, how did you come up with the IPO of Cazoo and how do you see the opportunity?
Alex Chesterman - Cazoo Group Ltd - Founder & CEO
Good morning, Adam. Thank you for hosting us, very kind of you. So I saw a business in the US called Carvana three or four