Cazoo Group Ltd (NYSE:CZOO), the online car site that went into administration in May, is close to restoring its app and website after the brand was bought by a rival.
Motors, a rival second-hand car platform, said it purchased the brand and is planning on re-launching a new app and website.
Cazoo's collapse came after a drastic round of restructuring which resulted in hundreds of job losses.
Some 700 workers had their roles cut since May, as the company, which at one point commanded a £5 billion valuation, struggled financially.
Barry Judge, the chief executive of Motors, said: “Despite its challenges as a business, Cazoo has undoubtedly become a household name with car buyers.”