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Apps for used cars struggle to prove business isn't a clunker

Out of four apps, only one, Shift Technologies, can prove it's a viable startup

San Francisco

IN the last few years, venture capitalists got really excited about used cars.

They thought selling cars online or through mobile apps could upend the pre-owned auto market and make dealerships irrelevant. Investors pumped more than US$860 million into four companies...

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