ID - PARTS iD - Building The 'Amazon' Of Automobile Parts

• PARTS iD is an e-commerce retailer of auto parts and accessories.
• Leveraging its original CARiD brand, the company has set up seven new verticals providing parts and accessories for other segments, including boats and motorcycles.
• The company’s portfolio includes 17 million SKUs, 5,500 active brands connecting over 1,000 vendors.
• PARTS iD is targeting a multi-billion dollar online auto parts market growing at a double-digit growth rate.
• The company trades at a trailing P/S of 0.6x, making it relatively undervalued compared to its competitors.

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