The latest announcement is out from Uxin ( (UXIN) ).
On March 5, 2025, Uxin Limited announced it has entered into definitive agreements with Fame Dragon Global Limited, an investment vehicle of NIO Capital, for the purchase of over 5.7 billion Class A Ordinary Shares, amounting to approximately $27.9 million. This agreement follows the Investor’s acquisition of NC Fund’s rights and obligations from a previous term sheet. The transaction is expected to bolster Uxin’s financial position and support its strategic initiatives in the used car market, enhancing its competitive edge and potentially benefiting stakeholders through improved market positioning.
More about Uxin
Uxin is China’s leading used car retailer, known for pioneering industry transformation through advanced production, innovative retail experiences, and digital empowerment. The company offers high-quality vehicles and superior after-sales services, providing a hassle-free transaction experience through an omni-channel strategy. Uxin leverages its online platform and offline inspection centers to establish market leadership, backed by extensive industry data and technology innovation.
YTD Price Performance: -11.94%
Average Trading Volume: 73,799
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $776.2M
For detailed information about UXIN stock, go to TipRanks’ Stock Analysis page.