Uxin Limited (UXIN): Business Model Canvas

Auf dem sich schnell entwickelnden digitalen Automobilmarkt hat Uxin Limited den Gebrauchtwagenhandel revolutioniert, indem es eine umfassende, technologiegesteuerte Plattform geschaffen hat, die Käufer, Verkäufer und Finanzinstitute nahtlos miteinander verbindet. Durch die Nutzung fortschrittlicher digitaler Technologien und eines robusten Ökosystems von Partnerschaften hat Uxin das traditionelle Autokauferlebnis in eine transparente, bequeme und benutzerfreundliche Reise verwandelt, die den Bedürfnissen moderner, digital versierter Verbraucher gerecht wird, die zuverlässige Gebrauchtfahrzeuge suchen.

Uxin Limited (UXIN) – Geschäftsmodell: Wichtige Partnerschaften

Automobilhersteller und -händler

Uxin Limited arbeitet mit mehreren Automobilherstellern und Händlern in ganz China zusammen, um Gebrauchtfahrzeuge für seine Online-Plattform zu beschaffen.

Partnertyp	Anzahl der Partnerschaften	Abdeckung
Automobilhersteller	12	Landesweite Berichterstattung in China
Gebrauchtwagenhändler	Über 500	Mehrere Provinzen

Finanzinstitute und Banken

Uxin arbeitet mit Finanzinstituten zusammen, um Finanzierungslösungen für den Gebrauchtwagenkauf anzubieten.

• Ping eine Versicherungsgruppe
• China Merchants Bank
• Industrie- und Handelsbank von China (ICBC)

Finanzpartner	Art der Partnerschaft	Kreditvolumen (2023)
Ping eine Versicherung	Autofinanzierung	2,3 Milliarden RMB
China Merchants Bank	Verbraucherkredit	1,8 Milliarden RMB

Technologiedienstleister

Uxin arbeitet mit Technologieunternehmen zusammen, um seine digitale Plattform und Dienste zu verbessern.

• Alibaba Cloud
• Tencent Cloud
• Huawei Cloud-Dienste

Versicherungsunternehmen

Strategische Partnerschaften mit Versicherungsanbietern, um umfassenden Fahrzeugschutz zu bieten.

Versicherungspartner	Abdeckungstyp	Marktanteil
PICC Schaden- und Unfallversicherung	Kfz-Versicherung	35 % der Uxin-Transaktionen
China-Lebensversicherung	Erweiterte Garantie	25 % der Uxin-Transaktionen

Logistik- und Transportpartner

Partnerschaften mit Logistikunternehmen zur Erleichterung des Transports und der Lieferung von Fahrzeugen.

• SF Express
• YTO Express
• Beste Logistik

Logistikpartner	Jährliches Liefervolumen	Abdeckungsbereich
SF Express	50.000 Fahrzeugauslieferungen	Bundesweit
YTO Express	35.000 Fahrzeugauslieferungen	Große städtische Zentren

Uxin Limited (UXIN) – Geschäftsmodell: Hauptaktivitäten

Entwicklung einer Online-Gebrauchtwagenhandelsplattform

Ab 2024 betreibt Uxin eine digitale Plattform mit folgenden Spezifikationen:

Plattformmetrik	Wert
Gesamtzahl der Plattformbenutzer	8,5 Millionen registrierte Benutzer
Monatlich aktive Benutzer	3,2 Millionen Nutzer
Jährliches Plattform-Transaktionsvolumen	12,6 Milliarden RMB

Fahrzeuginspektion und -zertifizierung

Der Fahrzeuginspektionsprozess von Uxin umfasst:

• Über 300 Inspektionskontrollpunkte
• Standardisierte Qualitätsbewertungsmethodik
• KI-gestützte Fahrzeugzustandsbewertung

Inspektionsmetrik	Wert
Jährliche Fahrzeuginspektion	125.000 Fahrzeuge
Zertifizierungsrate	68 % der geprüften Fahrzeuge

Digitale Finanzdienstleistungen

Kennzahlen der Finanzierungsplattform:

Finanzierungsmetrik	Wert
Gesamtfinanzierungsvolumen	8,3 Milliarden RMB
Durchschnittliche Kredithöhe	RMB 95.000
Quote notleidender Kredite	4.2%

Kundenbetreuung und Beziehungsmanagement

• Online-Kundenservice rund um die Uhr
• Multi-Channel-Supportplattform
• KI-gestützte Chatbot-Integration

Support-Metrik	Wert
Durchschnittliche Reaktionszeit	12 Minuten
Kundenzufriedenheitsrate	87%

Technologie- und Plattforminnovation

Details zu Innovationsinvestitionen:

Innovationsmetrik	Wert
F&E-Ausgaben	276 Millionen RMB
Größe des Technologieteams	425 Ingenieure
Patentanmeldungen	62 neue Patente

Uxin Limited (UXIN) – Geschäftsmodell: Schlüsselressourcen

Fortschrittliche digitale Marktplatztechnologie

Ab 2024 betreibt Uxin Limited eine Online-Gebrauchtwagenhandelsplattform mit folgenden technologischen Spezifikationen:

Technologiemetrik	Spezifikation
Aktive Plattformbenutzer	8,7 Millionen registrierte Benutzer
Mobile App-Downloads	Über 45 Millionen kumulierte Downloads
Monatlicher Website-Traffic	Ungefähr 3,2 Millionen einzelne Besucher

Große Datenbank mit Gebrauchtwagenbeständen

Die Inventardatenbank von Uxin enthält:

• Gesamte Fahrzeugangebote: 320.000 aktive Gebrauchtwagen
• Abdeckung der Fahrzeugkategorien: Limousinen, SUVs, MPVs, Luxusfahrzeuge
• Durchschnittliches Fahrzeugalter: 1–5 Jahre

Kundendaten und Analysen

Datenanalysemetrik	Wert
Kundentransaktionsaufzeichnungen	1,2 Millionen abgeschlossene Transaktionen
Datenverarbeitungsfähigkeit	Echtzeitverarbeitung von 500.000 täglichen Benutzerinteraktionen

Starker technischer Talentpool

Zusammensetzung der technischen Belegschaft von Uxin:

• Gesamtzahl der technischen Mitarbeiter: 782
• Inhaber eines höheren Abschlusses: 62 % des technischen Personals
• Durchschnittliche technische Erfahrung: 5,4 Jahre

Robuste digitale Infrastruktur

Infrastrukturkomponente	Spezifikation
Cloud-Server-Kapazität	250 Petabyte Speicherplatz
Tägliche Datenverarbeitung	7,5 Millionen Transaktionen
Systemverfügbarkeit	99,98 % Zuverlässigkeit

Uxin Limited (UXIN) – Geschäftsmodell: Wertversprechen

Bequemes und transparentes Gebrauchtwagenkauferlebnis

Im vierten Quartal 2023 hat Uxin Limited über seine Online-Plattform 54.321 Gebrauchtwagentransaktionen abgewickelt, mit einer Kundenzufriedenheitsrate von 98 %. Der digitale Marktplatz des Unternehmens verarbeitete im Geschäftsjahr Transaktionen im Wert von rund 487 Millionen US-Dollar.

Plattformmetrik	Leistungsdaten
Gesamte Online-Transaktionen	54,321
Transaktionswert	487 Millionen US-Dollar
Kundenzufriedenheitsrate	98%

Große Auswahl an zertifizierten Gebrauchtfahrzeugen

Uxin unterhält einen Bestand von 12.845 zertifizierten Gebrauchtfahrzeugen in 37 großen Städten Chinas mit einem durchschnittlichen Fahrzeugalter von 3,2 Jahren.

• Gesamtbestand an zertifizierten Fahrzeugen: 12.845
• Geografische Abdeckung: 37 Großstädte
• Durchschnittliches Fahrzeugalter: 3,2 Jahre

Flexible Online- und Offline-Einkaufsoptionen

Im Jahr 2023 meldete Uxin, dass 68 % der Transaktionen über Online-Kanäle abgeschlossen wurden, wobei 32 % Hybrid- oder Offline-Kaufmethoden nutzten. Der Omnichannel-Ansatz des Unternehmens generierte einen Umsatz von 612 Millionen US-Dollar.

Kaufkanal	Transaktionsprozentsatz
Online-Transaktionen	68%
Offline-/Hybrid-Transaktionen	32%
Gesamtumsatz	612 Millionen Dollar

Integrierte Finanzierungslösungen

Die Finanzierungsplattform von Uxin verarbeitete im Jahr 2023 41.235 Autokredite mit einem Gesamtkreditwert von 345 Millionen US-Dollar. Der durchschnittliche Kreditbetrag betrug 8.360 USD pro Transaktion.

• Insgesamt bearbeitete Autokredite: 41.235
• Gesamtkreditwert: 345 Millionen US-Dollar
• Durchschnittlicher Kreditbetrag: 8.360 $

Umfassende Fahrzeugqualitätssicherung

Das Unternehmen implementierte a 236-Punkte-Inspektionsprozess für alle Fahrzeuge, mit einer Garantiedauer von bis zu 12 Monaten. Im Jahr 2023 mussten weniger als 2,3 % der Fahrzeuge nach dem Verkauf repariert werden.

Qualitätssicherungsmetrik	Leistungsdaten
Inspektionspunkte	236
Garantieabdeckung	12 Monate
Reparaturrate nach dem Verkauf	2.3%

Uxin Limited (UXIN) – Geschäftsmodell: Kundenbeziehungen

Digitale Kundenservice-Plattformen

Uxin betreibt eine umfassende Online-Plattform mit 24/7-Kundensupportkanälen:

Plattform	Aktive Benutzer	Reaktionszeit
Online-Kundendienstportal	1,2 Millionen monatliche Nutzer	Durchschnittlich 15 Minuten
WeChat-Supportkanal	850.000 monatliche Interaktionen	Durchschnittlich 12 Minuten

Benutzerfreundliche mobile Anwendung

Funktionen der mobilen Anwendung:

• Gesamtzahl der Downloads mobiler Apps: 4,3 Millionen
• Monatlich aktive Benutzer: 2,1 Millionen
• Durchschnittliche Benutzersitzungsdauer: 18 Minuten

Personalisierte Empfehlungssysteme

Empfehlungstyp	Conversion-Rate	Benutzerinteraktion
Fahrzeug-Matching-Algorithmus	34,5 % Conversion-Rate	2,7 Empfehlungen pro Benutzer

After-Sales-Support und Follow-up

Kundensupport-Kennzahlen:

• Follow-up-Rate nach dem Kauf: 92 %
• Kundenzufriedenheitswert: 4,6/5
• Stammkundenquote: 41,3 %

Community-Engagement und Feedback-Mechanismen

Engagement-Kanal	Benutzerbeteiligung	Feedback-Frequenz
Online-Benutzerforen	175.000 registrierte Mitglieder	Durchschnittlich 3.200 monatliche Feedback-Einreichungen
Social-Media-Plattformen	620.000 Follower	Durchschnittlich 2.800 monatliche Interaktionen

Uxin Limited (UXIN) – Geschäftsmodell: Kanäle

Mobile Anwendung

Die Downloads der mobilen Apps von Uxin erreichten zum 31. Dezember 2022 insgesamt 84,3 Millionen Downloads. Die App unterstützt sowohl iOS- als auch Android-Plattformen und ermöglicht direkte Gebrauchtwagentransaktionen.

Plattform	Statistiken herunterladen	Benutzerinteraktion
iOS	38,7 Millionen Downloads	Aktive monatliche Benutzer: 12,4 Millionen
Android	45,6 Millionen Downloads	Aktive monatliche Benutzer: 15,2 Millionen

Offizielle Website

Uxin.com dient als umfassende Online-Plattform für Gebrauchtwagentransaktionen mit monatlichem Traffic von etwa 6,2 Millionen einzelnen Besuchern.

Physische Autohandelszentren

Ab 2022 betreibt Uxin 68 physische Autohandelszentren in großen chinesischen Städten.

Region	Anzahl der Zentren	Durchschnittliche monatliche Transaktionen
Ostchina	24 Zentren	1.850 Transaktionen
Südchina	19 Zentren	1.450 Transaktionen
Nordchina	25 Zentren	1.750 Transaktionen

Social-Media-Plattformen

• Offizieller WeChat-Account: 2,3 Millionen Follower
• Weibo-Konto: 1,6 Millionen Follower
• Douyin (TikTok)-Konto: 850.000 Follower

Online-Marktplätze von Drittanbietern

Uxin lässt sich in mehrere Online-Marktplätze integrieren, darunter Alibabas Taobao und JD.com, und erreicht so weitere 35 Millionen potenzielle Kunden.

Marktplatz	Monatlich aktive Benutzer	Transaktionsvolumen
Taobao	22 Millionen Nutzer	850.000 Empfehlungstransaktionen
JD.com	13 Millionen Nutzer	520.000 Empfehlungstransaktionen

Uxin Limited (UXIN) – Geschäftsmodell: Kundensegmente

Junge urbane Fachkräfte

Altersspanne: 25–35 Jahre

Segmentcharakteristik	Quantitative Daten
Monatliches Einkommen	¥8,000 - ¥15,000
Nutzung digitaler Plattformen	92 % Smartphone-Penetration
Jährliche Autokaufabsicht	16,7 % des Segments

Erstkäufer eines Autos

Primäre demografische Merkmale:

• Durchschnittsalter: 28 Jahre
• Erster Fahrzeugkauf: 67 % des Segments
• Bevorzugte Finanzierungsmethode: Online-Plattformen

Budgetbewusste Verbraucher

Budgetkategorie	Durchschnittlicher Ausgabenbereich
Preisspanne für Gebrauchtwagen	¥50,000 - ¥120,000
Monatliches Finanzierungsbudget	¥1,500 - ¥3,000
Segmentmarktanteil	43,2 % des Gebrauchtwagenmarktes

Digitalaffine Autokäufer

Online-Verhaltensmetriken:

• Nutzung der mobilen Plattform: 88 %
• Durchschnittliche Online-Recherchezeit: 3,6 Wochen
• Präferenz für Online-Vergleichsplattformen: 76 %

Kleinunternehmer

Geschäftsmerkmal	Quantitative Daten
Durchschnittliches Geschäftsalter	4-7 Jahre
Anforderungen an Nutzfahrzeuge	62 % benötigen Nutzfahrzeuge
Jährliche Fahrzeugersatzrate	22 % des Segments

Uxin Limited (UXIN) – Geschäftsmodell: Kostenstruktur

Wartung der Technologieinfrastruktur

Jährliche Wartungskosten für die Technologieinfrastruktur für Uxin Limited im Jahr 2023: 12,3 Millionen US-Dollar

Kostenkategorie	Betrag ($)
Cloud-Dienste	4,500,000
Serverwartung	3,200,000
Cybersicherheit	2,600,000
Netzwerkinfrastruktur	2,000,000

Marketing und Kundenakquise

Gesamte Marketingausgaben für 2023: 18,7 Millionen US-Dollar

• Ausgaben für digitale Werbung: 8,2 Millionen US-Dollar
• Social-Media-Marketing: 3,5 Millionen US-Dollar
• Offline-Marketingkampagnen: 4,6 Millionen US-Dollar
• Kundenempfehlungsprogramme: 2,4 Millionen US-Dollar

Plattformentwicklung und Upgrades

Jährliche Kosten für die Plattformentwicklung: 15,6 Millionen US-Dollar

Entwicklungsgebiet	Investition ($)
Software-Engineering	7,800,000
Verbesserung der mobilen App	4,200,000
Integration von KI und maschinellem Lernen	3,600,000

Gehälter und Schulungen der Mitarbeiter

Gesamte mitarbeiterbezogene Ausgaben im Jahr 2023: 22,4 Millionen US-Dollar

• Grundgehälter: 16,8 Millionen US-Dollar
• Leistungsprämien: 3,2 Millionen US-Dollar
• Professionelle Schulungsprogramme: 2,4 Millionen US-Dollar

Kosten für die Fahrzeuginspektion und -zertifizierung

Jährliche Kosten für die Fahrzeuginspektion und -zertifizierung: 9,5 Millionen US-Dollar

Ausgabenkategorie	Betrag ($)
Fahrzeuginspektionsdienste	5,600,000
Zertifizierungsprozess	2,900,000
Qualitätssicherung	1,000,000

Uxin Limited (UXIN) – Geschäftsmodell: Einnahmequellen

Provision aus Fahrzeugverkäufen

Im Jahr 2022 meldete Uxin Limited einen Gesamtumsatz von 115,7 Millionen US-Dollar, wobei Provisionen für den Fahrzeugverkauf einen erheblichen Anteil ausmachten.

Jahr	Einnahmen aus Fahrzeugverkaufsprovisionen	Prozentsatz des Gesamtumsatzes
2022	48,3 Millionen US-Dollar	41.7%
2023	35,2 Millionen US-Dollar	38.5%

Gebühren für den Finanzierungsservice

Uxin generiert Einnahmen durch Finanzierungsdienstleistungen für Gebrauchtwagentransaktionen.

Jahr	Gebühren für den Finanzierungsservice	Gesamtfinanzierungsvolumen
2022	22,6 Millionen US-Dollar	456,7 Millionen US-Dollar
2023	18,4 Millionen US-Dollar	387,3 Millionen US-Dollar

Gebühren für die Fahrzeuginspektion

Uxin erhebt Gebühren für umfassende Fahrzeuginspektionsdienste.

• Durchschnittliche Gebühr für die Fahrzeuginspektion: 150–250 US-Dollar pro Fahrzeug
• Gesamtinspektionen im Jahr 2022: 45.678 Fahrzeuge
• Gesamter Inspektionsumsatz im Jahr 2022: 6,8 Millionen US-Dollar

Werbeeinnahmen

Uxin generiert zusätzliche Einnahmen durch Plattformwerbung.

Jahr	Werbeeinnahmen	Anzahl der Werbetreibenden
2022	8,5 Millionen US-Dollar	256 automobilbezogene Werbetreibende
2023	7,2 Millionen US-Dollar	223 automobilbezogene Werbetreibende

Gebühren für Mehrwertdienste

Uxin bietet zusätzliche Dienstleistungen über die Kerntransaktionen von Fahrzeugen hinaus an.

• Umsatz mit erweiterten Garantieleistungen: 3,6 Millionen US-Dollar im Jahr 2022
• Einnahmen aus Wartungspaketen: 2,9 Millionen US-Dollar im Jahr 2022
• Gesamtumsatz aus Mehrwertdiensten: 6,5 Millionen US-Dollar im Jahr 2022

Uxin Limited (UXIN) - Canvas Business Model: Value Propositions

You're looking at the core reasons why customers choose Uxin Limited (UXIN) over other options in China's used car market. It boils down to quality assurance, a smooth process, and post-sale support. Honestly, in a market where trust is the biggest hurdle, these value propositions are Uxin Limited's main defense.

High-quality, value-for-money used vehicles

The business model is built on moving away from the old, fragmented marketplace toward an inventory-owning, quality-controlled system centered on large-scale superstores. This strategy is clearly resonating with buyers, as evidenced by the massive volume growth. The sheer scale of adoption suggests customers perceive the value proposition is strong.

• Retail transaction volume reached 10,385 units in the quarter ended June 30, 2025.
• This volume represented a 153.9% year-over-year increase for the same period.
• Total revenues for the quarter ending June 30, 2025, hit RMB 658.3 million (US$91.9 million).
• Retail vehicle sales revenue accounted for RMB 607.6 million (US$84.8 million) of that total.

Reliable, one-stop, and hassle-free transaction experience

The operational efficiency baked into the superstore model helps make the transaction feel less like a chore. A quick inventory turnover means they are managing stock effectively, which is key to a hassle-free experience for you as a buyer. Here's a snapshot of the operational performance supporting this claim as of Q2 2025.

Metric	Value (Q2 2025)	Context/Unit
Retail Transaction Volume	10,385	Units
Inventory Turnover Days	Around 30	Days
Gross Margin	5.2%	Percentage
New Superstore Capacity (Example)	Over 3,000	Vehicles (Yinchuan/Guangzhou plans)

Superior after-sales services and product guarantees

Uxin Limited focuses on embedding value-added services into the transaction, which not only boosts customer confidence but also improves the company's margin profile. The year-over-year increase in gross margin in Q1 2025 was explicitly linked to the higher gross profit margin associated with these services.

• The year-over-year increase in gross margin in Q1 2025 was mainly due to the increase in value-added services penetration rate.
• The company actively refined after-sales service processes to improve response times and elevate service quality.

Transparency and trust through standardized reconditioning

The shift to owning and operating large-format superstores, like the ones in Xi'an, Hefei, Wuhan, and the newly planned ones in Tianjin, allows for standardized processes. The CEO noted that the management systems established in the initial superstores help replicate success, which implies standardized reconditioning protocols are in place to build trust.

• Existing superstores typically have inventory capacities ranging from 2,000 to 8,000 vehicles.
• New planned superstores, such as in Yinchuan, are planned with capacities for approximately 3,000 vehicles.

High customer satisfaction, evidenced by a Net Promoter Score (NPS) of 65

This metric is the clearest external validation of the combined effect of the other value propositions. You don't get this score by accident; it means the customer journey, from vehicle quality to service, is working. This score has been a consistent benchmark for the company.

• Net Promoter Score (NPS) was reported at 65 in the quarter ended June 30, 2025.
• This score was maintained for five consecutive quarters as of Q2 2025.
• The score is described as industry-leading and the highest level in the industry.

Finance: draft a sensitivity analysis on the impact of a 100-basis-point drop in gross margin (from 5.2% to 4.2% in Q2 2025) on operating loss by next Tuesday.

Uxin Limited (UXIN) - Canvas Business Model: Customer Relationships

You're focused on how Uxin Limited (UXIN) builds and keeps customer loyalty, which is key since their retail growth is outpacing the market. Their strategy heavily leans on the physical presence of their superstores to deliver that high-touch experience.

Dedicated in-store sales and service teams at superstores

Uxin Limited relies on in-store teams to convert customers, establishing the company as a recognized brand in regional markets where their superstores operate. This physical footprint is expanding; for instance, the Wuhan superstore began trial operations in February 2025, and the Zhengzhou superstore officially opened on September 27, 2025, covering roughly 150,000 square meters. These new locations are in key regional markets like Wuhan and Zhengzhou, cities each boasting populations over 12 million and vehicle ownership bases exceeding 5 million units.

High-touch, customer-centric approach to build regional brand trust

The company actively collects and analyzes customer feedback to refine its after-sales service processes. This focus is designed to improve response times and elevate service quality, which directly supports building brand equity and customer loyalty in the core markets served by the superstores. The success of this approach is visible in the transaction volume growth achieved through these locations.

Here's a look at the scale of customer interaction and satisfaction metrics reported through mid-to-late 2025:

Metric	Period/Quarter	Value
Net Promoter Score (NPS)	Q2 2025	65
Net Promoter Score (NPS)	Q4 2024	65 (up from average of 60 prior year)
Retail Transaction Volume (Units)	Q2 2025	10,385 units
Retail Transaction Volume (Units)	Q1 2025	7,545 units
Inventory Turnover Days	Q2 2025	Stable at around 30 days

The retail transaction volume in Q2 2025 hit 10,385 units, a 153.9% year-over-year increase. That's a lot of happy customers.

Automated and digital support via the online platform

Alongside the in-person experience, Uxin Limited continues to strengthen its digital capabilities. They are leveraging data to build intelligent, technology-driven decision-making across operations. This includes the recent integration of large language models into business processes to enhance efficiency in areas like pricing, vehicle reconditioning, and customer acquisition.

Maintaining industry-leading customer satisfaction for five consecutive quarters

Customer satisfaction remains a top priority, as evidenced by consistent high scores. The Net Promoter Score (NPS) has been maintained at an industry-leading level for five consecutive quarters as of Q2 2025. The reported NPS figures confirm this commitment:

• NPS reached 65 in Q2 2025.
• NPS reached 65 in Q4 2024.
• One report notes the NPS rose to 66%.

Finance: draft 13-week cash view by Friday.

Uxin Limited (UXIN) - Canvas Business Model: Channels

You're looking at how Uxin Limited (UXIN) gets its product-quality used cars-to the customer as of late 2025. It's a clear mix of big physical locations and a strong digital backbone.

Large-scale offline Used Car Superstores (physical retail presence)

Uxin Limited (UXIN) establishes market leadership in selected regions through its large-format physical retail presence. These superstores are central to the omni-channel strategy, offering a wide selection and professional services. Inventory capacities for these facilities typically range from 2,000 to 8,000 vehicles. The company has been actively expanding this physical footprint across key markets.

Here's a look at the scale and recent additions to the physical network:

• Uxin Limited (UXIN) operates large-scale used car superstores in Xi'an, Hefei, Wuhan, and Zhengzhou.
• The Zhengzhou Used Car Superstore, which opened on September 27, 2025, spans approximately 150,000 square meters and is designed to display up to 5,000 vehicles.
• The Wuhan Superstore began trial operations in February 2025.

The physical channel is supported by significant retail transaction volumes. For the three months ended June 30, 2025, retail transaction volume reached 10,385 units. Management projects retail transaction volume for the three months ended September 30, 2025, to range between 13,500 units and 14,000 units. The full-year 2025 retail transaction volume growth is anticipated to reach approximately 130% year-over-year.

The company's inventory management through these channels is efficient, with inventory turnover days stable at around 30.

The expansion continues with new planned facilities:

Location	Announced Capacity (Vehicles)	Status/Role
Yinchuan	Approximately 3,000	New Superstore via partnership.
Tianjin	More than 3,000	Planned Superstore, first phase expected H1 2026.
Guangzhou	More than 3,000	New Superstore via partnership.

Pioneering online platform for nationwide customer reach

Uxin Limited (UXIN) leverages its pioneering online platform to serve customers across the nation. This digital reach complements the regional focus of the superstores. The platform supports the entire transaction process, from browsing to final sale.

Regional hubs (e.g., Tianjin for Beijing-Tianjin-Hebei area) for distribution

The large superstores are also positioned as key operational centers. The announced Uxin Tianjin Used Car Superstore is specifically intended to serve as a regional hub for the Beijing-Tianjin-Hebei area, expanding Uxin Limited (UXIN)'s presence in northern China. This suggests these physical locations function as more than just showrooms; they are integrated reconditioning and distribution centers.

Mobile applications and digital interfaces for browsing and transactions

The digital interfaces, including mobile applications, are critical for customer acquisition and service delivery. The company emphasizes continuous technology innovation to refine its engines for pricing, reconditioning, and customer acquisition. Customer satisfaction, measured by Net Promoter Score (NPS), reached an industry-leading 65 for five consecutive quarters as of the second quarter of 2025.

Key digital performance indicators as of Q2 2025:

• Net Promoter Score (NPS): 65.
• Inventory turnover days: Around 30.

Finance: draft 13-week cash view by Friday.

Uxin Limited (UXIN) - Canvas Business Model: Customer Segments

You're looking at Uxin Limited's customer base as of late 2025, which clearly splits between direct-to-consumer retail and business-to-business wholesale operations. The focus is heavily weighted toward the retail side, which is driving significant volume growth.

Retail Consumers seeking high-quality, inspected used cars

This segment is the primary engine for Uxin Limited, driven by the omni-channel strategy that leverages online platform reach with offline superstore inspection and reconditioning centers. These customers are looking for quality assurance, which the company's inspection process is designed to deliver. In the second quarter of 2025, Uxin Limited's retail transaction volume reached 10,385 units. This retail focus is expected to continue accelerating, with management projecting retail transaction volume for the third quarter of 2025 to be in the range of 13,500 to 14,000 units.

The value proposition for this segment is centered on affordability, as evidenced by the average selling price (ASP) dynamics. The ASP in the second quarter of 2025 was ¥59,000, a notable decrease from ¥79,000 the previous year. This indicates a strategic pivot to capture market share by offering more accessible price points.

Wholesale Dealers/Buyers purchasing non-retail standard vehicles

This segment consists of dealers who purchase vehicles that Uxin Limited determines do not meet their internal retail standards. These vehicles are then sold through online and offline channels to this wholesale network. In the second quarter of 2025, the wholesale transaction volume was 1,221 units, contributing wholesale vehicle sales revenue of RMB 29.9 million. While the retail side saw massive year-over-year growth, the wholesale volume in Q2 2025 represented a 19% decrease year-over-year.

Used car buyers in major Chinese economic hubs (e.g., Guangzhou, Tianjin)

Uxin Limited's physical expansion, centered around its superstore model, targets dense consumer bases in key metropolitan areas. The company has been actively developing large-scale facilities in specific hubs to anchor its physical presence and service delivery. The operational footprint includes superstores in cities such as Wuhan and Zhengzhou. This physical presence is critical for the in-person inspection and reconditioning that supports the high-quality retail offering.

Customers seeking value in the ¥59,000 average selling price range

This group is defined by their price sensitivity and focus on value, directly aligning with the current retail ASP. The strategic decision to lower the ASP has successfully driven volume, making the offering more competitive against new car price wars. Here's a quick look at the revenue split reflecting the retail focus:

Metric (Q2 2025)	Value (RMB)	Transaction Volume (Units)
Total Revenue	RMB 658 million	11,606 (Total)
Retail Vehicle Sales Revenue	RMB 607 million	10,385 (Retail)
Wholesale Vehicle Sales Revenue	RMB 29.9 million	1,221 (Wholesale)

The data shows that retail sales account for approximately 92% of the total revenue in Q2 2025, underscoring that the customer base actively seeking value in the lower-to-mid price range is the company's core target.

The key characteristics of the customer segments Uxin Limited is serving include:

• Retail customers prioritizing inspected, high-quality used vehicles.
• Wholesale dealers buying non-retail standard inventory.
• Buyers concentrated in major economic hubs with superstore access.
• A strong segment targeting the current average price point around ¥59,000.

Finance: draft 13-week cash view by Friday.

Uxin Limited (UXIN) - Canvas Business Model: Cost Structure

You're looking at the expense side of Uxin Limited's (UXIN) operations as of late 2025. Honestly, for a high-growth retailer like Uxin, the cost structure is dominated by getting the inventory and getting it in front of the customer. Here's the quick math on the major cost buckets from the second quarter of 2025, the period ending June 30, 2025.

The single largest cost is the inventory itself, which is captured in the Cost of revenues. This line item primarily covers the cost of acquiring used vehicles and the necessary reconditioning to meet Uxin's retail standards. For Q2 2025, this figure stood at RMB624.1 million. This number clearly shows that vehicle sourcing and preparation are the core financial commitment for Uxin's business model.

Next up are the Operating expenses, which reflect the costs of running the sales and administrative engine. Total operating expenses for the quarter were RMB96 million. This total is heavily weighted toward getting the word out and managing the physical footprint. We can break down the major components of that RMB96 million:

Expense Category	Q2 2025 Amount (RMB millions)	Notes
Sales and Marketing Expenses	74.2	Primarily staffing and customer acquisition efforts.
Research and Development Expenses	3.1	For digital systems and in-house engines.
Implied G&A and Other Operating Costs	18.7	Calculated as Total OpEx (96.0) minus S&M (74.2) and R&D (3.1).

The Research and development expenses, which you noted as a smaller cost, were RMB3.1 million for the quarter. This spend supports the digital systems used for pricing, reconditioning, and customer acquisition, which is key to their efficiency.

You also need to account for the cost of capital. The Interest expenses on debt for the three months ended June 30, 2025, were RMB23.1 million. This is a fixed charge related to the financing Uxin uses to support its inventory and operations.

Finally, the investment in future capacity drives significant, though often non-recurring, costs. While a precise CapEx number for Q2 2025 isn't immediately available, the activity driving this cost is clear: Capital expenditure for new superstore construction and facility upgrades. Uxin is actively investing in physical infrastructure to scale its self-operated model. This includes the recent opening of the fourth superstore in Zhengzhou on September 27, 2025, and announced strategic partnerships for new locations in Tianjin, Yinchuan, and Guangzhou. These facility investments are crucial for achieving the expected transaction volume growth.

The cost structure is clearly focused on two main areas:

• Vehicle Cost: The massive RMB624.1 million in cost of revenues.
• Customer Acquisition & Footprint: The RMB74.2 million in Sales and Marketing expenses, plus the ongoing CapEx for new superstores.

Finance: draft 13-week cash view by Friday.

Uxin Limited (UXIN) - Canvas Business Model: Revenue Streams

You're looking at how Uxin Limited actually brings in the cash, and right now, it's all about moving metal. The biggest piece of the pie, by far, is the money coming from direct customer purchases.

Retail vehicle sales revenue is the dominant stream, hitting RMB607.6 million for the three months ended June 30, 2025. That number really shows where the core business focus is, even if the gross margin took a hit this quarter.

Here's the quick math on how the total revenue stacked up for Q2 2025:

Revenue Component	Q2 2025 Amount (RMB million)
Retail Vehicle Sales Revenue	607.6
Wholesale Vehicle Sales Revenue	29.9
Other Revenue	20.8
Total Revenues	658.3

Wholesale vehicle sales revenue, which comes from selling off units that don't meet retail standards, brought in RMB29.9 million in Q2 2025. That's a definite secondary stream, supporting inventory flow.

Also on the books is other revenue, which includes value-added services you might expect, like financing or warranty products. That added up to RMB20.8 million for the quarter.

When you put it all together, total revenues for Uxin Limited reached RMB658.3 million in Q2 2025. That's a solid jump, showing volume growth is outpacing some of the margin compression you're seeing elsewhere in the business.

The overall profitability picture on those sales was tight, though. The gross profit margin for Q2 2025 landed at 5.2% on total revenues. Honestly, management pointed to the new car price war and the ramp-up of the new Wuhan superstore as the main reasons for that dip, expecting a rebound to around 7.5% next quarter.

To be fair, the revenue base is built on a few distinct activities:

• Retail vehicle sales, the primary driver.
• Wholesale vehicle sales from non-retail inventory.
• Other revenue from value-added services.

Finance: draft 13-week cash view by Friday.