Uxin Limited Reports Q3 Revenue Growth, Secures $50 Million Equity Raise

Uxin Limited, a China-focused used-car retailer, has reported a significant equity raise of $50 million and solid quarterly financial results, including a 123.5% YoY increase in revenue to $123.5 million and a 2.5x YoY increase in retail unit sales to 14,020 vehicles. The company plans to use the funding to expand its brick-and-mortar operations and open four to six new superstores in 2026.