Uxin Reports Unaudited Second Quarter of 2019 Financial Results
Uxin Limited - American Depositary Shares (UXIN)
Last uxin limited - american depositary shares earnings: 3/14 12:30 am
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Source: GlobeNewswire
BEIJING, Sept. 23, 2019 (GLOBE NEWSWIRE) -- Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), a leading national online used car dealer in China, today announced its unaudited financial results for the second quarter ended June 30, 2019. Divestiture of Loan Facilitation BusinessOn July 12, 2019, the Company announced that it had entered into a binding term sheet with Golden Pacer, a leading financial technology platform in China, to divest its loan facilitation related business. Pursuant to the term sheet, the Company will divest its entire 2C intra-regional business and cease to provide guarantee services in connection with its 2C cross-regional business going forward, and thus divest the corresponding assets and liabilities. As a result of the proposed divestiture, the Company will be significantly relieved of the guarantee obligations in relation to the existing loan balance of RMB33.2 billion (US$4.8 billion) as of June 30, 2019 for the used car loans previously facilitate
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- Uxin's High-Speed Pursuit Of Profit: Debt-Driven Expansion [Seeking Alpha]Seeking Alpha
- Uxin First Quarter 2025 Earnings: CN¥0.27 loss per share (vs CN¥19.30 loss in 1Q 2024) [Yahoo! Finance]Yahoo! Finance
- Uxin eyes EBITDA profitability ahead, posts smaller loss; shares rise [Seeking Alpha]Seeking Alpha
UXIN
Sec Filings
- 11/6/24 - Form SC
- 11/4/24 - Form 6-K
- 10/23/24 - Form SC
- UXIN's page on the SEC website