Uxin Ltd
NASDAQ:UXIN
Uxin Ltd
Uxin Ltd. operates an online used car transaction services platform. The company is headquartered in Beijing, Beijing and currently employs 693 full-time employees. The company went IPO on 2018-06-27. The firm enables people to buy the car of their choice. The Company’s platform consists of two synergistic businesses: Uxin Used Car and Uxin Auction. Uxin Used Car is a business catering to consumer buyers, primarily provides consumers with customized car recommendations, financing, title transfer, delivery, insurance referral, warranty and other related services. Uxin Auction is a business catering to business buyers, primarily provides businesses with a comprehensive suite of solutions, helping them source vehicles, optimizing their turnover and facilitating cross-regional transactions.
Uxin Ltd. operates an online used car transaction services platform. The company is headquartered in Beijing, Beijing and currently employs 693 full-time employees. The company went IPO on 2018-06-27. The firm enables people to buy the car of their choice. The Company’s platform consists of two synergistic businesses: Uxin Used Car and Uxin Auction. Uxin Used Car is a business catering to consumer buyers, primarily provides consumers with customized car recommendations, financing, title transfer, delivery, insurance referral, warranty and other related services. Uxin Auction is a business catering to business buyers, primarily provides businesses with a comprehensive suite of solutions, helping them source vehicles, optimizing their turnover and facilitating cross-regional transactions.
Transaction Surge: Retail transaction volume hit 14,020 units, up 134% year-over-year and marking the sixth straight quarter of over 130% growth.
Revenue Growth: Retail revenue rose 84% year-over-year to RMB 820 million, and total revenue climbed 77% to RMB 879 million.
Margin Recovery: Gross margin reached 7.5%, the highest in 3 years, supported by stabilized new car pricing and improved superstore performance.
Superstore Expansion: Three new superstores opened in 2025, with Zhengzhou and Wuhan locations ramping up faster than previous launches.
Positive Outlook: Management guided Q4 retail transaction volume to exceed 18,500 units and total revenue to surpass RMB 1.15 billion, signaling continued high growth.
Long-Term Ambition: Uxin targets over 130% retail volume growth for full year 2025 and aspires to reach Carvana-like sales levels in 4–5 years.
