Uxin Limited, an investment holding company, operates a used car e-commerce platform in China. It provides selection of used cars, evaluation of car condition, various car-related value-added products and services, and supporting services to online used car transactions under the Uxin Used Car brand; and operates Uxin Auction, an application that helps business buyers to source vehicles through online auctions. The company also facilitates used car transaction services, and financing solutions offered by third-party financing partners to buyers for their used car purchases through websites, xin.com and youxinpai.com. Uxin Limited was incorporated in 2011 and is headquartered in Beijing, China.
IPO Year: 2018
Exchange: NASDAQ
Website: xin.com
BEIJING, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Missfresh Limited ("Missfresh" or the "Company") (NASDAQ:MF), an innovator and leader in China's neighborhood retail industry, today announced the Company's board of directors (the "Board") has approved the appointment of Mr. Shun Lam Steven Tang as an independent director of the Company and the following changes to the Board's composition, effective immediately. Mr. Shun Lam Steven Tang has been appointed as a member of the audit committee of the Board, a member of the compensation committee of the Board, and the chairman of the nominating and corporate governance committee of the Board.Mr. Hansong Zhu has been appointed as the chairman of the c
BEIJING, Oct. 16, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company", together with its subsidiaries, the "Group") (NASDAQ:UXIN), China's leading used car retailer, today announced a strategic partnership with Wuhan City Economic & Technological Development Zone. The Company will establish a joint venture with Wuhan Junshan Urban Asset Operation Co., Ltd. ("Wuhan Junshan"), a company indirectly controlled by Wuhan City Economic & Technological Development Zone. Pursuant to the joint venture agreement, Uxin (Anhui) Industrial Investment Co., Ltd. ("Uxin Anhui"), a wholly-owned subsidiary of Uxin, will contribute RMB66.7 million and Wuhan Junshan will contribute RMB33.3 million, repre
BEIJING, Sept. 23, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (NASDAQ:UXIN), China's leading used car retailer, today announced its unaudited financial results for the first quarter ended June 30, 2024. Highlights for the Quarter Ended June 30, 2024 Transaction volume was 5,605 units for the three months ended June 30, 2024, an increase of 38.1% from 4,058 units in the last quarter and an increase of 72.2% from 3,254 units in the same period last year.Retail transaction volume was 4,090 units, an increase of 30.9% from 3,124 units in the last quarter and an increase of 142.4% from 1,687 units in the same period last year.Total revenues were RMB401.2 million (US$55.2 million
BEIJING, Sept. 18, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (NASDAQ:UXIN), China's leading used car retailer, today announced that it will release its unaudited financial results for the first quarter of fiscal year 2025 ended June 30, 2024, before the U.S. market opens on September 23, 2024. Uxin's management team will host a conference call on Monday, September 23, 2024, at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Beijing/Hong Kong time on the same day) to discuss the financial results. In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive access details
BEIJING, Sept. 13, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company", together with its subsidiaries, the "Group") (NASDAQ:UXIN), China's leading used car retailer, today announced that it has entered into a memorandum of understanding ("MOU") with Pintu (Beijing) Information Technology Co., Ltd. ( the "Investor"), an indirect wholly-owned subsidiary of Dida Inc. (HKEX: 2559), on September 12, 2024 with respect to a proposed investment in the Company by the Investor (the "Proposed Investment"). Pursuant to the MOU, the Investor intends to subscribe for 1,543,845,204 Class A ordinary shares of the Company for an aggregate subscription amount of US$7.5 million, based on a subscriptio
BEIJING, July 31, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (NASDAQ:UXIN), China's leading used car retailer, today announced its unaudited financial results for the fourth quarter and fiscal year ended March 31, 2024. Dear Shareholders, First and foremost, on behalf of Uxin, I would like to extend our heartfelt gratitude for your unwavering support and trust. It is my pleasure to share with you the remarkable business progress we have made over the past fiscal year, as well as our strategic outlook for the future through this shareholder letter. The current economic landscape in China is entering a new phase of development, bringing numerous challenges to various industri
BEIJING, July 25, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (NASDAQ:UXIN), China's leading used car retailer, today announced that it will release its financial results for the fourth quarter and fiscal year 2024 ended March 31, 2024, before the U.S. market opens on July 31, 2024. Uxin's management team will host a conference call on Wednesday, July 31, 2024, at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Beijing/Hong Kong time on the same day) to discuss the financial results. In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive access details for this confer
BEIJING, July 8, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company", together with its subsidiaries, the "Group") (NASDAQ:UXIN), China's leading used car retailer, today announced a strategic partnership with Zhengzhou Airport Automobile Industry Co., Ltd. ("Zhengzhou Airport Industry") to establish Uxin (Zhengzhou) Intelligent Remanufacturing Co., Ltd. (the "Joint Venture"). Pursuant to the joint venture agreement, Uxin (Anhui) Industrial Investment Co., Ltd. ("Uxin Anhui"), a wholly-owned subsidiary of Uxin, will contribute RMB120.0 million and Zhengzhou Airport Industry will contribute RMB50.0 million, representing approximately 70% and 30% of the Joint Venture's total registered
BEIJING, April 25, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (NASDAQ:UXIN), China's leading used car retailer, today announced its unaudited financial results for the third quarter ended December 31, 2023. Highlights for the Quarter Ended December 31, 2023 Transaction volume was 4,354 units for the three months ended December 31, 2023, an increase of 12.1% from 3,884 units in the last quarter and a decrease of 11.1% from 4,897 units in the same period last year. Retail transaction volume was 3,081 units, an increase of 34.7% from 2,287 units in the last quarter and an increase of 5.2% from 2,928 units in the same period last year.Total revenues were RMB410.5 million (US$57
BEIJING, April 19, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (NASDAQ:UXIN), China's leading used car retailer, today announced that it will release its unaudited financial results for the third quarter of fiscal year 2024 ended December 31, 2023, before the U.S. market opens on April 25, 2024. Uxin's management team will host a conference call on Thursday, April 25, 2024, at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Beijing/Hong Kong time on the same day) to discuss the financial results. In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive access details fo
BEIJING, March 18, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (NASDAQ:UXIN), China's leading used car retailer, today announced that it has entered into a term sheet with Xin Gao Group Limited ("Xin Gao") and an investment fund focusing on automobile related industries ("NC Fund," together with Xin Gao, the "Investors") on March 18, 2024 with respect to financing by the Company from the Investors. Xin Gao is an existing shareholder of the Company. Xin Gao is controlled by Mr. Kun Dai, the chairman of the Company's Board of Directors and the Company's chief executive officer. The term sheet constitutes a commitment by Company and the Investors to negotiate in good faith to e
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BEIJING, Sept. 23, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (NASDAQ:UXIN), China's leading used car retailer, today announced its unaudited financial results for the first quarter ended June 30, 2024. Highlights for the Quarter Ended June 30, 2024 Transaction volume was 5,605 units for the three months ended June 30, 2024, an increase of 38.1% from 4,058 units in the last quarter and an increase of 72.2% from 3,254 units in the same period last year.Retail transaction volume was 4,090 units, an increase of 30.9% from 3,124 units in the last quarter and an increase of 142.4% from 1,687 units in the same period last year.Total revenues were RMB401.2 million (US$55.2 million
BEIJING, Sept. 18, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (NASDAQ:UXIN), China's leading used car retailer, today announced that it will release its unaudited financial results for the first quarter of fiscal year 2025 ended June 30, 2024, before the U.S. market opens on September 23, 2024. Uxin's management team will host a conference call on Monday, September 23, 2024, at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Beijing/Hong Kong time on the same day) to discuss the financial results. In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive access details
BEIJING, July 31, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (NASDAQ:UXIN), China's leading used car retailer, today announced its unaudited financial results for the fourth quarter and fiscal year ended March 31, 2024. Dear Shareholders, First and foremost, on behalf of Uxin, I would like to extend our heartfelt gratitude for your unwavering support and trust. It is my pleasure to share with you the remarkable business progress we have made over the past fiscal year, as well as our strategic outlook for the future through this shareholder letter. The current economic landscape in China is entering a new phase of development, bringing numerous challenges to various industri
BEIJING, July 25, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (NASDAQ:UXIN), China's leading used car retailer, today announced that it will release its financial results for the fourth quarter and fiscal year 2024 ended March 31, 2024, before the U.S. market opens on July 31, 2024. Uxin's management team will host a conference call on Wednesday, July 31, 2024, at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Beijing/Hong Kong time on the same day) to discuss the financial results. In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive access details for this confer
BEIJING, April 25, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (NASDAQ:UXIN), China's leading used car retailer, today announced its unaudited financial results for the third quarter ended December 31, 2023. Highlights for the Quarter Ended December 31, 2023 Transaction volume was 4,354 units for the three months ended December 31, 2023, an increase of 12.1% from 3,884 units in the last quarter and a decrease of 11.1% from 4,897 units in the same period last year. Retail transaction volume was 3,081 units, an increase of 34.7% from 2,287 units in the last quarter and an increase of 5.2% from 2,928 units in the same period last year.Total revenues were RMB410.5 million (US$57
BEIJING, April 19, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (NASDAQ:UXIN), China's leading used car retailer, today announced that it will release its unaudited financial results for the third quarter of fiscal year 2024 ended December 31, 2023, before the U.S. market opens on April 25, 2024. Uxin's management team will host a conference call on Thursday, April 25, 2024, at 8:00 A.M. U.S. Eastern Time (8:00 P.M. Beijing/Hong Kong time on the same day) to discuss the financial results. In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive access details fo
BEIJING, Nov. 28, 2023 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (NASDAQ:UXIN), China's leading used car retailer, today announced its financial results for the first and second quarters of fiscal year 2024. Despite challenging economic conditions and a competitive used car market in China, Uxin achieved robust growth from the first to the second quarter of fiscal year 2024. The Company's retail transaction volume for the second quarter reached 2,287 units, a 35.6% sequential increase from the first quarter, significantly outpacing the industry's 5% sequential transaction volume growth. Additionally, the Company's flagship Changfeng superstore, a joint venture with the Hefei lo
BEIJING, Nov. 28, 2023 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (NASDAQ:UXIN), China's leading used car retailer, today announced its unaudited financial results for the second quarter ended September 30, 2023. Highlights for the Quarter Ended September 30, 2023 Transaction volume was 3,884 units for the three months ended September 30, 2023, an increase of 19.4% from 3,254 units in the last quarter and a decrease of 35.8% from 6,050 units in the same period last year. Retail transaction volume was 2,287 units, an increase of 35.6% from 1,687 units in the last quarter and a decrease of 26.4% from 3,109 units in the same period last year.Total revenues were RMB356.1 million (US
BEIJING, Nov. 28, 2023 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (NASDAQ:UXIN), China's leading used car retailer, today announced its unaudited financial results for the first quarter ended June 30, 2023. Highlights for the Quarter Ended June 30, 2023 Transaction volume was 3,254 units for the three months ended June 30, 2023, a decrease of 9.8% from 3,607 units in the last quarter and a decrease of 40.6% from 5,475 units in the same period last year.Retail transaction volume was 1,687 units, a decrease of 25.3% from 2,259 units in the last quarter and a decrease of 29.9% from 2,407 units in the same period last year.Total revenues were RMB289.0 million (US$39.9 million) for t
BEIJING, Nov. 22, 2023 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company") (NASDAQ:UXIN), China's leading used car retailer, today announced that it will release its unaudited financial results for the first quarter of the fiscal year 2024, which ended on June 30, 2023, and for the second quarter of the fiscal year 2024, which ended on September 30, 2023. The financial results will be made public before the U.S. market opens on November 28, 2023. Uxin's management team will host a conference call on Tuesday, November 28, 2023, at 8:00 A.M. U.S. Eastern Time (9:00 P.M. Beijing/Hong Kong time on the same day) to discuss the financial results. In advance of the conference call, all particip
U.S. stock futures were lower this morning, with the Dow futures falling over 50 points on Thursday. Shares of Delta Air Lines, Inc. (NYSE:DAL) fell sharply in today's pre-market trading after the company posted downbeat second-quarter earnings and issued lower-than-expected third-quarter earnings outlook. Delta Air Lines reported quarterly earnings of $2.36 per share which missed the analyst consensus estimate of $2.37 per share. The company reported quarterly sales of $16.658 billion which beat the analyst consensus estimate of $15.452 billion, according to data from Benzinga Pro. Delta Air Lines shares fell 9% to $42.65 in the pre-market trading session. Here are some big stoc
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Uxin Limited ("Uxin" or the "Company", together with its subsidiaries, the "Group") (NASDAQ:UXIN), China's leading used car retailer, today announced a strategic partnership with Zhengzhou Airport Automobile Industry Co., Ltd. ("Zhengzhou Airport Industry") to establish Uxin (Zhengzhou) Intelligent Remanufacturing Co., Ltd. (the "Joint Venture"). Pursuant to the joint venture agreement, Uxin (Anhui) Industrial Investment Co., Ltd. ("Uxin Anhui"), a wholly-owned subsidiary of Uxin, will contribute RMB120.0 million and Zhengzhou Airport Industry will contribute RMB50.0 million, representing approximately 70% and 30% of the Joint Venture's total registered capital, respectively. The Joint Ventu
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Business Outlook For the three months ended March 31, 2024, the Company expects its retail transaction volume to be around 3,100 units and wholesale transaction volume to be around 900 units. The Company estimates that its total revenues including retail vehicle sales revenue, wholesale vehicle sales revenue and value-add-services revenue to be within the range of RMB300 million to RMB320 million. The Company expects its gross profit margin to be greater than 6.5%. These forecasts reflect the Company's current and preliminary views on the market and operational conditions, which are subject to changes.
Uxin (NASDAQ:UXIN) reported quarterly losses of $(0.01) per share which beat the analyst consensus estimate of $(0.36) by 97.22 percent. The company reported $57.815 million in sales this quarter. This is a 15.25 percent decrease over sales of $68.216 million the same period last year.