Tag: Uxin


Uxin surges in December, but stock still sags

Uxin surges in December, but stock still sags

Despite being on the wrong side of some negative press over the past few weeks, Chinese used auto transaction and financing provider Uxin (NASDAQ: UXIN) had a positive close to 2018 in December, the first month of the platform’s partnership with e-commerce giant Taobao. Total revenue for the month of December was 400 million RMB ($59 million U.S.), up 75 percent year-over-year. December was the company’s...

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RenRenChe quietly cuts staff

RenRenChe quietly cuts staff

Didi Chuxing-backed used auto transaction platform RenRenChe has reportedly been cutting staff over the past few months. The cuts haven't only affected recently shuttered regional offices, but also the Beijing office, which has seen its headcount fall from 400 in September to just more than 200 today, a former employee disclosed to Sina.com.


Taobao partners with live streaming site Bilibili

Taobao partners with live streaming site Bilibili

Taobao, the c-to-c marketplace from Alibaba Group Holdings (NYSE: BABA), has announced a partnership with one China's "big two" live streaming platforms, Bilibili. The two will collaborate on expanding live streaming options and infrastructure on Taobao, and on building greater synergy between the two sites.

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Uxin value jumps after Taobao partnership

Uxin value jumps after Taobao partnership

One of China's leading used b-to-b and b-to-c auto marketplaces, Uxin (NASDAQ: UXIN), has seen its plummeting market value rebound on the back of its recently announced partnership with Alibaba's Taobao e-commerce platform.

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Uxin upgrades warranty program

Uxin upgrades warranty program

Uxin Limited (Nasdaq: UXIN), a Chinese used-car platform providing b-to-b and b-to-c services, has announced upgrades to its warranty program. According to the company’s release, “the enhanced coverage gives greater confidence to consumers that purchase eligible used vehicles on Uxin's market leading 2C platform.” 

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