Uxin Limited (UXIN) has released an update.
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Uxin Limited, a leading used car retailer in China, has announced a financing agreement with Xin Gao Group Limited and an automobile-focused investment fund. The deal involves a $34.8 million investment at a price of $0.004858 per share, and the completion is contingent upon definitive agreements and customary closing conditions. Uxin has a long-standing reputation for quality and value, and aims to leverage its online and offline presence to enhance customer experiences and lead the market.
For further insights into UXIN stock, check out TipRanks’ Stock Analysis page.
