Youxin announced that it has received a $50 million investment and will accelerate the layout of storage-style second-hand car superstores.

date
26/12/2025
On the evening of December 26th, Uxin Group announced that it has officially signed a $50 million financing agreement with NIO Capital and Prestige Shine Investment Fund. NIO Capital will invest $20 million and Prestige Shine Investment Fund will invest $30 million. The new financing will provide funding support for Uxin to continue expanding its warehouse-style used car superstores. Uxin Group's founder, chairman, and CEO Dai Kun expressed his delight in receiving support from NIO Capital and Prestige Shine Investment Fund. He emphasized that the further investment from existing shareholders fully demonstrates their recognition and confidence in Uxin's strategic direction, business model, and current progress. Dai Kun further highlighted that this financing will provide funding support for the company to establish 4 to 6 new superstores by 2026 and continue improving the company's balance sheet structure to enhance overall financial stability. Prior to this financing announcement, Uxin's used car warehouse superstore in Jinan had begun trial operations. This is the fifth offline warehouse superstore that Uxin has established after Xi'an, Hefei, Wuhan, and Zhengzhou, marking the accelerated replication and expansion of the "offline warehouse superstore + online national purchase" model nationwide. Meanwhile, Uxin has reached strategic partnerships with various local governments in Tianjin, Guangzhou, Yinchuan, and others to jointly promote the construction of warehouse superstore projects.