Uxin Announces Entry into a Binding Term Sheet with Potential Investors

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Uxin Announces Entry into a Binding Term Sheet with Potential Investors

GlobeNewswire2021-04-01

BEIJING, April 01, 2021 (GLOBE NEWSWIRE) -- Uxin Limited (“Uxin” or the “Company”) (Nasdaq: UXIN), a leading nationwide online used car dealer in China, today announced that it has entered into a ...

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Comment（30）

Jjireh
·2021-04-07
More upside?
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greenbean
·2021-04-01
gd read ??
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1
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- 股惑仔79:
  Ok
  2021-04-04
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- Navybean:
  ?
  2021-11-03
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- Navybean:
  ?
  2021-10-04
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Chris1688888
·2021-04-01
Great
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2
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prataboii
·2021-04-01
Nice
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2
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Gutsoverfear
·2021-04-01
cool cool
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1
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sakam0t0
·2021-04-01
Like plssss
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4
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- sakam0t0:
  upupupup
  2021-04-01
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- sakam0t0:
  ok
  2021-04-01
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Ginmihz
·2021-04-01
Like
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3
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cHao7
·2021-04-01
Comment plz
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- llipinggg:
  lalalalala
  2021-04-01
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SharonGoh
·2021-04-01
Like and comment pls
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2
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Nicolas_Lim_
·2021-04-01
good read!
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- llipinggg:
  nice
  2021-04-01
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- llipinggg:
  nice one
  2021-04-01
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- cHao7:
  comment plz
  2021-04-01
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StansenSG
·2021-04-01
Please response
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- StansenSG:
  Like
  2021-04-01
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- DevilBee:
  respond
  2021-04-01
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DevilBee
·2021-04-01
Lky and comment
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- StansenSG:
  Like
  2021-04-01
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StansenSG
·2021-04-01
Like and comment. Thanks
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Jvalour
·2021-04-01
Pls like and comment! Thanks
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- Bubu0106:
  No
  2021-04-01
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JazzyTizzy
·2021-04-01
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- JazzyTizzy:
  Rhanks
  2021-04-05
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- JazzyTizzy:
  Thanks
  2021-04-05
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- KTKC:
  ok
  2021-04-02
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BLMJ
·2021-04-01
Cool
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- JazzyTizzy:
  Comenr
  2021-04-01
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- Segaboy:
  CommeNt pls
  2021-04-01
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keldy2114
·2021-04-01
??????????
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- BLMJ:
  Ok
  2021-04-01
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- JazzyTizzy:
  Ok
  2021-04-01
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Hairzz
·2021-04-01
Like
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- Segaboy:
  Nice
  2021-04-01
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SG小鸭子
·2021-04-01
Can wan
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BibiLoh
·2021-04-01
Nice
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The potential transaction has an aggregate investment amount of potentially up to US$300 million. The completion of the potential transaction is subject to the parties’ execution of definitive agreements and customary closing conditions to be stipulated therein.Uxin rose more than 16% in the premarket trading.About UxinUxin Limited (Nasdaq: UXIN) is a leading nationwide online used car dealer in China. With its offerings of high-quality used cars and best-in-class purchasing services, Uxin’s mission is to enable people to buy the car of their choice online. Uxin’s one-stop online shopping mall provides consumers with a nationwide selection of value-for-money used cars, various value-added products and services as well as comprehensive aftersales services. Its online sales consultants offer professional consulting to facilitate a convenient and efficient car purchase for consumers in a timely fashion. Its comprehensive fulfillment network supports nationwide logistics and delivery as well as title transfers between different cities across China so as to fulfill these online transactions.Safe Harbor StatementThis announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Uxin’s strategic and operational plans, contain forward-looking statements. 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A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: impact of the COVID-19 pandemic, Uxin’s goal and strategies; its expansion plans; its future business development, financial condition and results of operations; Uxin’s expectations regarding demand for, and market acceptance of, its services; its ability to provide differentiated and superior customer experience, maintain and enhance customer trust in its platform, and assess and mitigate various risks, including credit; its expectations regarding maintaining and expanding its relationships with business partners, including financing partners; trends and competition in China’s used car e-commerce industry; the laws and regulations relating to Uxin’s industry; the general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Uxin’s filings with the SEC. 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