Uxin Group
Uxin(NASDAQ:UXIN) is a leading e-commerce platform for buying and selling used cars in China.
Uxin(NASDAQ:UXIN) is a leading e-commerce platform for buying and selling used cars in China.
Uxin Group is a prominent player in the Chinese e-commerce market, specializing in the buying and selling of used cars. With its main brands, Uxin Auction (优信拍) and Uxin Used Car (优信二手车), the company offers a comprehensive range of B2B, B2C, and C2B services. Utilizing a nationwide, data-driven supply chain, Uxin is dedicated to enhancing efficiency and fostering trust within the used car industry in China. This commitment has not gone unnoticed, as the company has received significant recognition from international investment firms and leading tech companies, with their investment totaling over $1 billion. Founded in 2011 and headquartered in China, Uxin has recently secured a $100.00M post-IPO debt investment on 16 May 2022, with the participation of notable investors such as Joy Capital and NIO Capital. This injection of funds is expected to further fuel the company's mission to revolutionize the used car industry and solidify its position as a market leader in the realm of e-commerce.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Post-IPO Debt | $100.00M | 2 |
|
16 May 2022 |
| Post-IPO Secondary | Unknown | 1 |
|
14 Oct 2020 |
| Post-IPO Equity | $230.00M | 3 |
|
29 May 2019 |
| Series D | $500.00M | 4 |
|
16 Jan 2017 |
| Series C | $170.00M | - | 18 Mar 2015 |
No recent news or press coverage available for Uxin Group.
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