China’s Uxin kicks off premarketing for $500m US IPO

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By Jonathan Breen
30 May 2018

Chinese used car e-commerce platform Uxin began investor education for a potential $500m Nasdaq IPO on Wednesday, said a banker on the deal.

The company is working with China Renaissance, CICC, Goldman Sachs, JP Morgan and Morgan Stanley. The offering of American Depository Shares (ADS) is expected to hit screens in the third week of June, said the banker.

Uxin, founded in 2011, was China’s largest e-commerce platform for used cars ...

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