US Stock Market News | Strong Q2 Growth Momentum, Used Car Retailer Uxin Surges Over 31%
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Uxin's stock price rose by over 31% to $2.09. In the second quarter of 2024, Uxin Group's total revenue increased by 38.8% year-on-year, and retail transaction volume increased by 142.4% year-on-year. The financial report shows that total revenue was RMB 401 million, an increase of 25.7% quarter-on-quarter; the total number of used car transactions reached 5,605, an increase of 38.1% quarter-on-quarter. Retail transaction volume reached 4,090 vehicles, an increase of 30.9% quarter-on-quarter, reaching a historical high
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