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Stock impact report

Uxin Reports Unaudited First Quarter of 2019 Financial Results

Uxin Limited - American Depositary Shares (UXIN) 
Last uxin limited - american depositary shares earnings: 3/14 12:30 am Check Earnings Report
Company Research Source: GlobeNewswire
BEIJING, June 10, 2019 (GLOBE NEWSWIRE) -- Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), the largest used car e-commerce platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2019. Changes in Certain Operational Metrics DisclosureStarting from the first quarter of 2019, Uxin will only disclose the transaction volume and the corresponding GMV for the transactions which generate revenues, in order to better reflect the Company’s ability to enhance monetization and the development of its 2C cross-regional and intra-regional services. This new method of disclosure has been applied to the transaction volume, GMV and take rate calculations, as well as all the corresponding year-over-year comparisons discussed in this earnings release. First Quarter 2019 Operational Highlights Transaction volume for the 2C business increased to 78,277 units in the first quarter of 2019, representing year-over-year growth of 39.6%.- Cross- Show less Read more
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