Stock Track | Uxin Soars 12.10% Intraday on Strong Q3 Earnings and Robust Growth Outlook

Stock Track12-19 23:20

Uxin (UXIN.US) surged 12.10% during Friday's intraday trading session, reflecting investor optimism following the company's stellar Q3 financial results and upbeat guidance.

The used car e-commerce platform reported Q3 total revenue of RMB 879 million, up 76.8% year-over-year, with retail vehicle sales revenue jumping 84.3% YoY. Retail transactions, the core growth driver, rose 133.5% YoY to 14,020 units. Uxin projects Q4 revenue between RMB 1.15 billion and RMB 1.18 billion, with retail transactions expected to grow over 110% YoY.

CFO Lin Feng highlighted significant profitability improvements, including a three-year high gross margin and narrowing EBITDA losses, validating the scalability of its "offline superstore + online nationwide sales" model. The results underscore Uxin's operational efficiency and retail-focused strategy.

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