Surging EV Sales Rev Up Business at Auto Finance Platform Yixin
The auto loan platform reported that its vehicle financing grew just over 9% in the third quarter despite renewed Covid outbreaks Key Takeaways:Yixin’s financing for sales of electric vehicles surged…
FAST NEWS: Yixin Returns to Profits as Loan Intermediary Revenue Surges
The latest: Internet-based auto financier Yixin Group Ltd. (2858.HK) announced Monday that its revenue jumped 73.2% year-on-year to 2.45 billion yuan ($358 million) in the first half of the year,…
FAST NEWS: Yixin’s Auto Finance Growth Slows Sharply in First Quarter
The latest: Yixin Group Ltd. (2858.HK), an internet-based auto financier, announced its auto financing transactions totaled 151,200 in this year’s first quarter, up 27.06% year-on-year. The figure included financing transactions…
Yixin Fires on All Cylinders in a Troubled Auto Market
The Internet auto financier’s car transactions rose 27% year-over-year in the third quarter, far outperforming the sputtering market Key takeaways: Yixin has posted solid transaction volume growth following its transformation…