Auto Trader Online Cars Marketplace Plans IPO in London

Business Insider: Auto Trader has revealed that it plans to launch an IPO on the London Stock Exchange in March. The British-based online marketplace for new and used cars said that after becoming a 100% digital business in June 2013, it has managed to secure such a large market share that now was right time to float. “Auto Trader has been the place people think of to buy or sell their next car for generations.”