Uxin (UXIN) has released an update.
Uxin Limited, China’s prominent used car retailer, has showcased a robust financial performance for Q1 2025, with a significant year-over-year increase in transaction volume and revenues, alongside a narrowed loss from operations. The company’s aggressive expansion strategy, including opening new superstores and enhancing market presence, is set to fuel continued sales growth. Despite market competition, the firm has maintained a stable gross margin and projects further growth and reduced EBITDA losses in the upcoming quarters.
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