Uxin finds new friend on difficult road to profitability
The used car superstore operator will receive $15 million in new funding from shared ride company Dida, equal to more than four times its cash reserves at the end of…
Autostreets in the driver’s seat as China gets set for used car trading boom
The country’s leading used car trader has passed its listing hearing in Hong Kong, positioning it to complete its IPO in the coming months Key Takeaways: Autostreets is reportedly aiming…
Uxin Opens Upgraded Superstore in Race to Prove New Business Model
The company delivered strong revenue and retail transaction growth in the third quarter despite pandemic disruptions, but cash flow continues to be an issue Key Takeaways: Uxin’s revenue rose 78.9%…
Uxin Revs Up Online Used Car Retailing Model, Buys Time with Financial Maneuvers
Company posted strong revenue and transaction growth in the three months through June for its retail business buying, reconditioning and selling used cars online directly to consumers Key Takeaways: Uxin’s…
Investors See Better Road Ahead for Autohome Despite Profits Setback
The leading Chinese online vehicle trading platform posted lower quarterly profits but beat market expectations, giving its share price a boost Key Takeaways: Autohome’s adjusted net income tumbled 40% during the first quarter,…
Recent Articles
RELATED ARTICLES
-
Dida wins ride-sharing race to market, but could stay stuck in first gear
2559.HK -
Facing winter at home, Cango looks overseas
CANG.US
-
Autohome looks for new mileage in used cars
2518.HK ATHM.US
-
Cango shifts gears with merger of platforms, focus on inventory risk control
CANG.US
-
Cango jumps on China car export bandwagon with focus on used vehicles
CANG.US
-
Cango reduces risks at home, looks overseas for new opportunities
CANG.US
-
Autostreets in the driver’s seat as China gets set for used car trading boom
2443.HK
