BEIJING, Sept. 23, 2019 -- Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), a leading national online used car dealer in China, today announced its unaudited financial.
BEIJING, May 12, 2020 -- Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), a leading national online used car dealer in China, today announced it filed its annual report.
Shares of Uxin (NASDAQ:UXIN) were unchanged in pre-market trading after the company reported Q4 results.Quarterly Results Earnings per share decreased 125.00% over the past year to ($0.09).Revenue of $66,850,000 lower by 59.64% from the same period last year.Guidance Earnings guidance hasn't been issued by the company for now.Uxin hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: Apr 27, 2020View more earnings on UXINTime: 06:04 AM ETWebcast URL: https://apac.directeventreg.com/der/toRegistration.actionPrice Action 52-week high: $3.8052-week low: $1.21Price action over last quarter: down 39.76%Company Overview Uxin Ltd is an investment holding company. Along with its subsidiaries the firm operates used car e-commerce platforms through its mobile applications and websites. It primarily facilitates used car transaction services and financing solutions offered by third-party financing partners to buyers for their used car purchases.See more from Benzinga * 15 Communication Services Stocks Moving In Monday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The extra cash for Chehaoduo indicates renewed interest from venture capital funds in China’s online auto trading industry.
Uxin Limited (“Uxin” or the “Company”) (UXIN), a leading national online used car dealer in China, today announced it entered into supplemental agreements with Golden Pacer, a leading financial technology platform in China, to modify and supplement certain terms and conditions in connection with the divestiture of Uxin's loan facilitation related business. Previously on July 12, 2019 and September 30, 2019, the Company announced that it had entered into a binding term sheet and definitive agreements with Golden Pacer relating to the divestiture, respectively.
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Uxin Limited (“Uxin” or the “Company”) (UXIN), a leading national online used car dealer in China, today announced that it entered into definitive agreements with 58.com, China’s largest online classifieds and an existing investor in Uxin, to sell its B2B business. Pursuant to the definitive agreements, the Company will sell its entire B2B online used car auction business and transfer corresponding assets and liabilities to an affiliate of 58.com for a total cash consideration of US$105 million, which may be slightly adjusted subject to the review of the transferred assets following the completion of the transaction.
BEIJING, Nov. 18, 2019 -- Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), a leading national online used car dealer in China, today announced that it will report its.
Uxin Limited (“Uxin” or the “Company”) (UXIN), a leading national online used car dealer in China, today announced that Mr. William Peng has resigned as the Company’s Chief Operating Officer, effective September 15, 2019, due to his pursuit of other career interests in the investment area. Mr. Kun Dai, the Company’s Founder, Chairman and Chief Executive Officer, will directly oversee the Company’s business operations going forward.
Uxin Limited (“Uxin” or the “Company”) (UXIN), a leading national online used car dealer in China, today announced that Mr. Wenbing Jing has resigned as the Company’s Chief Strategy Officer, effective December 1, 2019, for personal reasons. During his tenure with the Company, Mr. Jing mainly oversaw the Company’s loan facilitation business, which is currently in the process of being divested as announced by the Company in July, September and November 2019.
Uxin Limited (“Uxin” or the “Company”) (UXIN), a leading national online used car dealer in China, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2019 before the open of U.S. markets on April 27, 2020. Uxin’s management team will host a conference call on Monday, April 27, 2020 at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing/Hong Kong time on the same day).
BEIJING, Nov. 27, 2019 -- Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), a leading national online used car dealer in China, today announced its unaudited financial.
In the first quarter of 2020, the number of Chinese recruitment postings across all industries fell 22.6% compared with the same period last year. A survey found that 5.4% of tech firms experienced job cuts while 12.9% have reduced contractors, interns and pa…
BEIJING, Aug. 29, 2019 -- Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), a leading national online used car dealer in China, today announced that it will report its.
Uxin Limited (“Uxin” or the “Company”) (UXIN), a leading national online used car dealer in China, today outlined the active measures it has taken to adapt its business and ensure business continuity in response to the evolving situation associated with the outbreak of COVID-19 in China. The used car sector in China has been severely affected by the outbreak of COVID-19 with disruptions impacting industry infrastructure and several key points along the supply chain. In order to contain the outbreak, local governments have required people to work remotely and refrain from going outside, which has created considerable barriers to buying used cars.
With two just-announced deals, Uxin is raising capital and mitigating risk.
Uxin Limited (“Uxin” or the “Company”) (UXIN), a leading national online used car dealer in China, today announced the appointment of Mr. Zhitian Zhang, who previously served as President of Uxin’s online used car transaction business, to Chief Operating Officer, effective February 11, 2020. Mr. Zhang joined Uxin in April 2012 as General Manager of the Sales Management Center. Mr. Zhang was appointed as President of the online used car transaction business in February 2019 where he was responsible for operations and sales management.
China reopening and completion of divestments will allow the business to reaccelerate to maintain its +150% growth.Shares are down ~50% primarily due to the COVID-19 outbreak. This is an attractive entry point given the upsides.Uxin is now focusing on the fas…
BEIJING, April 27, 2020 -- Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), a leading national online used car dealer in China, today announced its unaudited financial.
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Uxin Limited (“Uxin” or the “Company”) (UXIN), the largest used car e-commerce platform in China, today announced that it has entered into convertible note purchase agreements with PacificBridge Asset Management (“PacificBridge”), pursuant to which Uxin will issue and sell convertible notes in an aggregate principal amount of US$50 million to investment funds managed by PacificBridge through a private placement. The private placement is subject to multiple closings with certain customary closing conditions and is expected to be fully completed in the second half of 2019.
Uxin Limited (“Uxin” or the “Company”) (UXIN), a leading national online used car dealer in China, today announced it entered into definitive agreements with Golden Pacer, a leading financial technology platform in China, to divest its loan facilitation related business. Previously on July 12, 2019, the Company announced that it had entered into a binding term sheet with Golden Pacer relating to the divestiture.
Uxin Limited (“Uxin” or the “Company”) (UXIN), a leading national online used car dealer in China, today announced that it entered into definitive agreements with Beijing Hengtai Boche Auction Co. Ltd. ("Boche") to divest its salvage car related business operated under the brand “Fairlubo”. Pursuant to the definitive agreements, the Company will divest its salvage car auction business to Boche in exchange for an aggregate amount of RMB330 million in cash.