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Dida Inc. Completes Share Subscription in Uxin Limited

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Dida Inc. Completes Share Subscription in Uxin Limited

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Dida Inc. ( (HK:2559) ) just unveiled an announcement.

Dida Inc. announced the completion of a connected transaction involving the subscription of Class A Ordinary Shares of Uxin Limited by its subsidiary, Lightwind Global Limited. This transaction results in Lightwind owning approximately 2.5% of Uxin Limited’s total enlarged issued share capital. However, Uxin Limited will not become a subsidiary of Dida Inc., and its financial results will not be consolidated into Dida Inc.’s financial statements.

More about Dida Inc.

YTD Price Performance: -40.0%

Average Trading Volume: 1,179,093

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$1.09B

For detailed information about 2559 stock, go to TipRanks’ Stock Analysis page.

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