Online Used Car Company Uxin Secures New Financing Led by Nio Capital and Joy Capital

Uxin Limited, an online used car trading platform, announced it has entered into definitive agreements with Nio Capital and Joy Capital, in which both firms have agreed to invest a total of up to $315 million in the company.

At the same time, the holders of Uxin's convertible notes, including, TPG and Warburg Pincus, intend to transfe…

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