Friday, May 14, 2021

Uxin Limited (UXIN) Stock Prices Trending Up Following Partnership with JD.com

Uxin Limited (UXIN) stock prices were up 6.25% as of market close on April 22nd, 2021, ending the trading day at a share price of USD$1.36. Subsequent pre-market fluctuations saw the price per share marginally dip by 2.94%, bringing the stock back down to USD$1.32.


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Partnership with JD.com

The leading Chinese online used car dealer announced its strategic partnership with JD.com to launch a self-operated online store for cars, with the transactions taking place on JD’s platform. The partners will collaborate to facilitate the provision of one-stop online used car purchase solutions to its customers. These include used car inspection, purchasing, insurance and aftersales services. The joint venture will also allocate resources to explore additional prospects within the used car business, such as data management, tech, inspection standards and supply chain integration.

UXIN-JD at Forefront of Industry


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UXIN anticipates their endeavors to surpass any other used car purchasing platform on the Chinese market. With JD.com’s stellar e-commerce abilities and expansive offline network working in conjunction with UXIN’s industry-leading track record and proven inventory-owning model, these claims are achievable.

Capital Generation Opportunity

In a press release at the onset of April 2021, UXIN also announced the generation of nearly half of its USD$600 million market cap from the signing of binding term sheets by two separate Asian funds. With the negotiations being carried out, the potential agreement will provide UXIN with a massive influx of capital that it could leverage for further growth.

Promising Financial History

In their last disclosed financial reports, UXIN reported a 2C transaction volume of 2,653 units for the time period ended September 30th, 2020. This is a sharp increase from the 1,702 units reported in the previous quarter ended June 2020. Total revenues for the period ended September 30th, 2020 were USD$11.2 million.

Strategy to Sustain Growth

Since the transition to their inventory-owning model in September of 2020, UXIN has focused on three initiatives. Their strategy to sustain their growth relied on the adoption of stricter standards for the quality ad condition of their used cars; minimizing the time between initial order and the final delivery of products; and facilitating the provision of improved on-demand service delivery. With the adoption of these strategies, UXIN reported a quarter-over-quarter NPS increase from 10 to 30 in September, with the number having peaked at 45 before the end of September.

Future Outlook for UXIN

With a USD$300 million payday looming that could offer UXIN unprecedented financial opportunities, an industry-leading partnership, and a stellar year behind it, the company is well-situated for expansive growth. Investors are looking to the future in anticipation of significant and sustained increases in shareholder value.

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