Carvana
Carvana
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more



2025 Summits in Hong Kong & Singapore
Investment / Alternatives Summit - March / Oct / Nov
Investment Day - March / July / Sept / Oct / Nov
Private Wealth Summit - April / Oct / Nov
Family Office Summit - April / Oct / Nov
View Events | Register


This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.










United States $44 Billion Online Used Car Retailer Carvana Targeted by Short-Seller Hindenburg Research Highlighting Mirage of Turnaround from Bankruptcy Risks in 2022 & 2023 to Share Price Increasing +284% in 2024 to $44 Billion Market Value, Uncovered $800 Million in Loan sales to Undisclosed Related Party & Accounting Manipulation, Ernest Garcia II (ex-CEO & Father of Current CEO)  Sold $3.6 Billion of Shares in 2020 & 2021 with Share Price Decreasing -99% in 2022 & Selling Another $1.4 Billion Since 2023, Carvana Founded in 2012 & Led by Co-Founder, Chairman & CEO Ernest Garcia III, IPO on New York Stock Exchange (NYSE) in 2017

3rd January 2025 | Hong Kong

United States online used car retailer Carvana ($44 billion market value) has been targeted by short-seller Hindenburg Research, highlighting a mirage of turnaround from bankruptcy risks in 2022 & 2023 to share price increasing +284% in 2024 to $44 billion market value.  Hindenburg Research uncovered $800 million in loan sales to undisclosed related party & accounting manipulation.  Ernest Garcia II (Carvana ex-CEO & father of current CEO) had sold $3.6 billion of shares in 2020 & 2021, with share price decreasing -99% in 2022 & selling another $1.4 billion since 2023.  Carvana was founded in 2012 & led by Co-founder, Chairman & CEO Ernest Garcia III.  Carvana IPO on New York Stock Exchange (NYSE) in 2017. Carvana share price is -21% in the last 1 month, +56% in last 6 months, +327% in lsat 1 year, and +115% in last 5 years.  

“ United States $44 Billion Online Used Car Retailer Carvana Targeted by Short-Seller Hindenburg Research Highlighting Mirage of Turnaround from Bankruptcy Risks in 2022 & 2023 to Share Price Increasing +284% in 2024 to $44 Billion Market Value, Uncovered $800 Million in Loan sales to Undisclosed Related Party & Accounting Manipulation, Ernest Garcia II (ex-CEO & Father of Current CEO)  Sold $3.6 Billion of Shares in 2020 & 2021 with Share Price Decreasing -99% in 2022 & Selling Another $1.4 Billion Since 2023, Carvana Founded in 2012 & Led by Co-Founder, Chairman & CEO Ernest Garcia III, IPO on New York Stock Exchange (NYSE) in 2017 “

 



- Article continues below -



Sign Up
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)


The 2025 Investment Day
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, July, Sept, Oct & Nov.
Visit | Register here


The 2025 Family Office Summit
10th April & 16th Oct Hong Kong St Regis | 17th April & 6th Nov Singapore Amara Sanctuary Resort
Join 80 single family offices & family office professionals in Hong Kong & Singapore
Links: 2025 Family Office Summit | Register here


2025 Investment / Alternatives Summit
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here


2025 Private Wealth Summit
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit.  Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here





 

United States $44 Billion Online Used Car Retailer Carvana Targeted by Short-Seller Hindenburg Research Highlighting Mirage of Turnaround from Bankruptcy Risks in 2022 & 2023 to Share Price Increasing +284% in 2024 to $44 Billion Market Value, Uncovered $800 Million in Loan sales to Undisclosed Related Party & Accounting Manipulation, Ernest Garcia II (ex-CEO & Father of Current CEO)  Sold $3.6 Billion of Shares in 2020 & 2021 with Share Price Decreasing -99% in 2022 & Selling Another $1.4 Billion Since 2023, Carvana Founded in 2012 & Led by Co-Founder, Chairman & CEO Ernest Garcia III, IPO on New York Stock Exchange (NYSE) in 2017

Carvana
Carvana



Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.

Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more.  List hard-to-find financial & private wealth services.

Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected]

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?



Quick Links


2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM


For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

Register Below

For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Sign Up / Register


    Manage investmentsManage assetsManage risksFind informationFind servicesFind advisors / expertsFind clientsGrow AUMNetworkingOthers


    $3 m to $20 m$20 m to $300 m$300 m to $1 b$1 b to $10 bMore than $10 bNo AUM. I advise institutions / CEOs / Entrepreneurs / billionaires / UHNWs & HNWsOthers


    Investment ProfessionalAdvisorProfessional InvestorFinancial ProfessionalManagementCEO & EntrepreneurOthers


    Mailing List / Free TrialSubscription ($70 monthly / $180 yearly)Subscription June Promo ($20 monthly / $180 yearly)Membership ($60 / $680 / $2,000)


    2025 Investment Day Hong Kong2025 Investment Day Singapore2025 Investment Summit Hong Kong2025 Investment Summit Singapore2025 Family Office Summit Hong Kong2025 Family Office Summit Singapore












    Web links may be disabled on mobile for security.
    Please click on desktop.









    Caproasia Users

    • Manage $20 million to $3 billion of assets
    • Invest $3 million to $300 million
    • Advise institutions, billionaires, UHNWs & HNWs

    Caproasia Platforms | 11,000 Investors & Advisors

    Monthly Roundtable & Networking

    Family Office Programs

    The 2025 Investment Day

    • March - Hong Kong
    • March - Singapore
    • July - Hong Kong
    • July - Singapore
    • Sept- Hong Kong
    • Sept - Singapore
    • Oct- Hong Kong
    • Nov - Singapore
    • Visit: The Investment Day | Register: Click here

    Caproasia Summits

    Contact Us

    For Enquiries, Membership
    [email protected], [email protected]

    For Listing, Subscription
    [email protected], [email protected]

    For Press Release, send to:
    [email protected]

    For Events & Webinars
    [email protected]

    For Media Kit, Advertising, Sponsorships, Partnerships
    [email protected]

    For Research, Data, Surveys, Reports
    [email protected]

    For General Enquiries
    [email protected]




    Caproasia | Driving the future of Asia
    a financial information technology co.
    since 2014



    RELATED ARTICLESMORE FROM AUTHOR