DropCar Provides A Preliminary Q1 2018 B2B Business Update
DROPCAR (DCAR)
US:NASDAQ Investor Relations:
wpcsir.com
Company Research
Source: GlobeNewswire
Q1 B2B Automotive Volumes Grew ~163% Year-Over-Year and ~26% Quarter-Over-QuarterDropCar Generated Revenues From Several New Enterprise CustomersThe Company Signed its Fourth Tier-One Automotive Brand in the First Quarter of 2018 NEW YORK, April 18, 2018 (GLOBE NEWSWIRE) -- DropCar, Inc. (NASDAQ:DCAR), a provider of app-based automotive logistics and mobility services for consumers and the automotive industry, is providing a preliminary Q1 (ended March 31, 2018) update on its enterprise automotive business. DropCar will soon schedule the release of its Q1 results and associated conference call, which will take place by mid-May, and will cover both its automotive and low-voltage contracting businesses. B2B Drives Robust Growth in Q1DropCar's enterprise automotive segment (excludes the consumer auto and low-voltage contracting units) delivered strong results in Q1, driven by organic growth of existing customers and the onboarding of new B2B partners. Mercedes Benz, which is the fi
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