Uxin Opens Sixth Used-Car Superstore In Tianjin

Benzinga_recent_news04-06

The company plans to open four to six new stores this year, including in Jiangsu and Ningxia, roughly doubling its network in China image credit: Bamboo Works Uxin pointed out the city of Tianjin has ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2625679653?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/files/images/story/2026/04/06/-3-4-2026-195628-thebambooworks-com.jpeg?optimize=medium&dpr=2&auto=webp&width=240","is_english":true,"pubTime":"2026-04-06 19:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2625679653","market":"hk","top_or_hot":-1,"title":"Uxin Opens Sixth Used-Car Superstore In Tianjin","media":"Benzinga_recent_news","content":"<div>\n<p>The company plans to open four to six new stores this year, including in Jiangsu and Ningxia, roughly doubling its network in China\nimage credit: Bamboo Works\nUxin pointed out the city of Tianjin has ...</p>\n\n<a href=\"https://www.benzinga.com/Opinion/26/04/51654545/uxin-opens-sixth-used-car-superstore-in-tianjin\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Uxin Opens Sixth Used-Car Superstore In Tianjin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUxin Opens Sixth Used-Car Superstore In Tianjin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-06 19:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/Opinion/26/04/51654545/uxin-opens-sixth-used-car-superstore-in-tianjin><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The company plans to open four to six new stores this year, including in Jiangsu and Ningxia, roughly doubling its network in China\nimage credit: Bamboo Works\nUxin pointed out the city of Tianjin has ...</p>\n\n<a href=\"https://www.benzinga.com/Opinion/26/04/51654545/uxin-opens-sixth-used-car-superstore-in-tianjin\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UXIN","symbol_name":"优信","start_time":0,"source_url":"https://www.benzinga.com/Opinion/26/04/51654545/uxin-opens-sixth-used-car-superstore-in-tianjin","article_id":"2625679653","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/04/06/-3-4-2026-195628-thebambooworks-com.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/Opinion/26/04/51654545/uxin-opens-sixth-used-car-superstore-in-tianjin","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2625679653","pubTimestamp":1775475840,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"The company plans to open four to six new stores this year, including in Jiangsu and Ningxia, roughly doubling its network in China. Uxin pointed out the city of Tianjin has a population of more than 13 million and around 4 million registered vehicles. It added that the city has identified the automotive industry as one of 12 key sectors for development. \"These advantages will provide a solid foundation for Uxin to scale its used car retail operations across Northern China,\" it said.Uxin said it is in talks with other cities to expand its network, with plans to open four to six new stores this year.As it ramps up its network, Uxin's revenue rose 67% year-on-year to 2.04 billion yuan  in the first nine months of last year from 1.22 billion yuan in the same period of 2024. Its loss from operations over that period narrowed to 115 million yuan from 211 million yuan a year earlier, while its net loss also narrowed to 180 million yuan from 252 million yuan.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"UXIN":"优信","BK4122":"互联网与直销零售","BK4505":"高瓴资本持仓","BK4214":"汽车零售","BK4563":"昨日强势股"},"translate_title":"优信在天津开设第六家二手车超市","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UXIN":1.5},"content_text":"The company plans to open four to six new stores this year, including in Jiangsu and Ningxia, roughly doubling its network in China\nimage credit: Bamboo Works\nUxin pointed out the city of Tianjin has a population of more than 13 million and around 4 million registered vehicles. It added that the city has identified the automotive industry as one of 12 key sectors for development. \"These advantages will provide a solid foundation for Uxin to scale its used car retail operations across Northern China,\" it said.\nThe new superstore is Uxin's sixth, complementing similar facilities in the cities of Hefei, Xi'an, Wuhan, Jinan and Zhengzhou. Last month Uxin also announced plans to open a new facility in the East Chinese city of Jiaggyin in Jiangsu province through a joint venture with the local government. And in November, it announced plans for a store in the city of Yinchuan in Northwest China's Ningxia region.\nUxin said it is in talks with other cities to expand its network, with plans to open four to six new stores this year.\nAs it ramps up its network, Uxin's revenue rose 67% year-on-year to 2.04 billion yuan ($296 million) in the first nine months of last year from 1.22 billion yuan in the same period of 2024. Its loss from operations over that period narrowed to 115 million yuan from 211 million yuan a year earlier, while its net loss also narrowed to 180 million yuan from 252 million yuan.\nWhile local governments often provide much of the funding for its new superstores, Uxin's contributions have put a strain on its finances, requiring it to seek new funding sources. In its latest fundraising, the company announced in December that two investors, including the venture arm of electric vehicle (EV) maker Nio (NIO.US; 9866.HK), agreed to pay a combined $50 million for newly issued Uxin shares.\n\"The proceeds from this financing are expected to provide sufficient capital to support the launch of four to six new superstores in 2026, while also strengthening our balance sheet and further enhancing our overall financial resilience,\" Uxin said at the time.\nUxin shares are down about 30% over the last 52 weeks.\nTo subscribe to Bamboo Works weekly free newsletter, click here\nBenzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga’s reporting and has not been edited for content or accuracy.\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2625679653","isCrawlerRequest":true}