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News 2026-09-28 11:05 UTC

Weekly Recap: Q2 sales and revenue surge and CNY4M funding, $5M buyback

Uxin Ltd Sponsored ADR (NASDAQ:UXIN) reported Q2 2026 retail sales up 89% YoY and revenue rising ~75% YoY to CNY1.151B despite a -0.7% gross margin and CNY120M adjusted EBITDA loss, while receiving CNY4M from NIO Capital, convertible CNY4M at $2.86/ADS and a $5M buyback plan at $2.85/ADS.Previous W…