[$$] Beepi Raises $60 Million to Sell Used Cars to Smartphone Generation

Investors are bankrolling used-car marketplace Beepi Inc. in a bet people will purchase used cars with a few taps from their smartphones without ever taking a test drive.

The Los Altos, Calif., company has raised $60 million in funding from venture-capital firms that also invested in car-hailing startup Uber Technologies Inc., which is...

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