Streetbeat News

UXIN

Uxin Limited

https://www.xin.com

Industry

Auto - Dealerships

Uxin Limited, an investment holding company, engages in the retail sale of vehicles in China. The company operates an e-commerce platform for buying and selling used cars. It also offers used-car acquisition, inspection, reconditioning, warehousing, pre-sales and after-sales, and various car-related value-added products and services, as well as warranty and repair, delivery, and title transfers and vehicle registration services. The company was incorporated in 2011 and is headquartered in Beijing, China.

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Uxin Limited expects Q1 2024 revenue to be between RMB390 million and RMB410 million, with stable gross profit margins. The company projects retail transaction volume of around 4,000 units and wholesale transaction volume of around 1,500 units.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:35 am

Uxin reported Q4 sales of $44.20 million, a decrease from $50.06 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:33 am

Uxin shares are trading higher following the announcement of a partnership with Zhengzhou Airport Industry to launch a new used car superstore.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 11:22 am

Uxin Limited (NASDAQ: UXIN) has announced a strategic partnership with Zhengzhou Airport Industry to form a joint venture, Uxin (Zhengzhou) Intelligent Remanufacturing Co., Ltd. Uxin will contribute RMB120 million, while Zhengzhou Airport Industry will contribute RMB50 million. The joint venture aims to establish a new used car super store in Zhengzhou, promoting the automotive aftermarket industry in Henan Province.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 9:09 am

The article highlights significant intraday movements in consumer discretionary stocks. Faraday Future (FFIE) saw a remarkable 118.8% increase, while Tupperware Brands (TUP) rose by 38.6%. On the losing side, E-Home Household Service (EJH) declined by 31.7%, and GameStop (GME) fell by 24.01%.

Portfolio Pulse from Benzinga Insights

May 17, 2024 | 4:31 pm

Alibaba Group Holding Limited (NYSE:BABA) shares fell by around 7% following mixed Q1 financial results. Other stocks experienced significant movements, with notable gainers including Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) and losers like Scorpius Holdings, Inc. (NASDAQ:SCPX).

Portfolio Pulse from Avi Kapoor

May 14, 2024 | 5:30 pm

In Monday's intraday session, 12 consumer discretionary stocks saw significant movements. Notable gainers included GameStop, Faraday Future, Tupperware Brands, Koss, VinFast Auto, and Uxin, with GameStop leading at a 67.1% increase. On the downside, Barnes & Noble Education, Vroom, Naas Technology, Jeffs Brands, QuantaSing Group, and Worksport experienced declines, with Barnes & Noble Education dropping the most at 43.4%. Market values and recent earnings reports were highlighted for several companies.

Portfolio Pulse from Benzinga Insights

May 13, 2024 | 4:31 pm

US-listed Chinese stocks are trading higher due to a rise in consumer prices, suggesting an increase in consumer demand.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 2:46 pm

In Friday's pre-market session, there were notable movements in the consumer discretionary sector. Worksport, Vision Marine, Skechers USA, SRIVARU Holding, Zapp Electric Vehicles, and Jeffs Brands saw gains, with Skechers USA notably up 10.5% after Q1 earnings. On the downside, Boyd Gaming, Uxin, Connexa Sports Techs, Kaixin Holdings, Foresight Autonomous, and U Power experienced declines, with Boyd Gaming and Uxin dropping after their earnings reports.

Portfolio Pulse from Benzinga Insights

April 26, 2024 | 12:06 pm

Uxin forecasts Q4 revenue to be between RMB300 million and RMB320 million, with retail transaction volume expected at 3,100 units and wholesale at 900 units. The company also anticipates a gross profit margin of over 6.5%, reflecting its current market and operational outlook.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 8:44 am

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