Uxin Limited has secured a $50 million investment through share subscription agreements with NIO Capital and Prestige Shine Group. The investors will purchase 5,246,589,717 Class A ordinary shares at $0.00953 per share. The funding will support the opening of four to six new superstores in 2026, according to Uxin’s CEO Kun Dai. Affiliates of NIO Capital will invest $20 million, while Prestige Shine Group will invest $30 million.

Read more at Nasdaq: Uxin Enters Share Subscription Agreements With NIO Capital, Prestige Shine