Nasdaq Welcomes Uxin, Ltd. (Nasdaq: UXIN) to The Nasdaq Stock Market
NEW YORK, June 27, 2018 (GLOBE NEWSWIRE) -- Uxin, Ltd. (Nasdaq:UXIN), China's largest used car e-commerce platform, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market.
Uxin, which means quality and trust in Chinese, is the largest used car e-commerce platform by number of transactions and gross merchandise volume, according to iResearch. Founded in 2011, the company's mission is to enable people to buy the car of their choice. Uxin makes it possible to discover, evaluate and transact in used cars throughout China by providing a reliable and one-stop transaction experience. The platform consists of two highly synergistic businesses: Uxin Used Car (2C) and Uxin Auction (2B). Its innovative integrated online and offline platform includes a nationwide network of over 670 service centers across more than 270 cities. Uxin is taking advantage of China's booming used car market: used car transaction volume in China is expected to grow rapidly at a compound annual growth rate of 19% from 12.4 million in 2017 to 29.6 million by 2022, according to iResearch.
"Going public is a substantial milestone in Uxin's history. It marks the beginning of a new and exciting phase for our company. We are thrilled to be here at Nasdaq," said Dai Kun, Uxin's Founder and Chief Executive Officer.
"Through its innovative approach, Uxin has transformed used car e-commerce in China and provides users with a superior experience. We are excited to welcome Uxin to join our family of industry leading companies and look forward to support their continued success," said Nelson Griggs, President, Nasdaq Stock Exchange.
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Information about the company is provided by the company or comes from the company's public filings and is not independently verified by Nasdaq. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: http://business.nasdaq.com
Media Relations Contact:
- Emily Pan
- (646) 441-5120
- NDAQG -
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/a6895f32-33fd-4c98-9e0e-a9c9f2d2a415
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Nasdaq via Globenewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Følg saker fra GlobeNewswire
Registrer deg med din epostadresse under for å få de nyeste sakene fra GlobeNewswire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra GlobeNewswire
Qtum Launches Enterprise Blockchain Solution — Unita24.4.2019 10:00:00 CEST | Pressemelding
SHANGHAI, China, April 24, 2019 (GLOBE NEWSWIRE) -- Qtum, the open-source public blockchain platform, launched Unita, a blockchain protocol designed for enterprises. Unita securely stores data, utilizes existing developer tools and automates information transfer processes for businesses at a groundbreaking speed of 10,000 transactions per second. Unita’s flexibility allows a wide population of developers to use common tools to solve the biggest problems businesses face when considering adopting blockchain technology, including consumer data regulations and verification. Unita takes advantage of an innovative, unique, and scalable consensus algorithm, SCAR, that allows parameter adjustments to take place on the blockchain. The dynamic nature of SCAR saves substantial amounts of disk space, bandwidth, and other network resources. Miguel Palencia, Chief Information Officer of the Qtum Foundation, said: “Speed and customization are two of the main barriers for enterprises looking to adopt
Percona Names Martin James Vice President of Sales EMEA & APAC24.4.2019 09:00:00 CEST | Pressemelding
James Brings Over 25 Years of Sales Management Experience to Percona RALEIGH, N.C., April 24, 2019 (GLOBE NEWSWIRE) -- Percona , a leader in open source database software and services, has named Martin James vice president of sales for the EMEA and APAC regions. With more than 25 years of experience building and leading sales teams in Europe, James will be responsible for the entire Percona EMEA sales operation, including direct sales, business development and partner channels. Percona is a leader in providing best-of-breed, enterprise-class support, consulting, managed services, training and software for MySQL, MariaDB, MongoDB, PostgreSQL and other open source databases in on-premises and cloud environments. An unbiased, trusted partner, Percona provides single-source expertise in multi-vendor environments that eliminates lock-in, increases agility and enables business growth. Prior to joining Percona, James was the regional vice president of Northern Europe for open source database
Colruyt Group Selects Juniper Networks to Support its Digital Transformation24.4.2019 09:00:00 CEST | Pressemelding
Network Underpins Fast Business Growth for Retail Leader SUNNYVALE, Calif., April 24, 2019 (GLOBE NEWSWIRE) -- Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, today announced that Colruyt Group, one of the largest retailers in Belgium and France, has deployed Juniper Networks’ solutions to improve its data connectivity in response to exponential growth in network traffic. Colruyt Group consists of more than 40 brands for consumers and businesses, including food and non-food retail, fuel, wholesale and food services. Established more than 80 years ago, it operates 553 of its own stores, supplies 581 independent shopkeepers in Belgium and France and also offers its products via e-commerce sites. The group owns the BIO-planet, Collishop, Cru, dreambaby, DreamLand, OKay, SPAR Belgium, MyUnderwear24, NewStory, Newpharma and ZEB brands and operates a network of DATS24 fuel stations throughout Belgium. Colruyt must ensure that it provides quality
ADC Therapeutics and Adagene Announce License Agreement24.4.2019 07:00:00 CEST | Pressemelding
ADC Therapeutics to develop next-generation masked antibody drug conjugates (ADCs), incorporating Adagene’s SAFEbody ™ technology, with potential utility across multiple tumor types Collaboration enables focus on targets in which healthy tissue expression precludes development of ADCs incorporating traditional antibodies LAUSANNE, Switzerland and SUZHOU, China, April 24, 2019 (GLOBE NEWSWIRE) -- ADC Therapeutics, an oncology drug discovery and development company that specializes in the development of proprietary antibody drug conjugates (ADCs), and Adagene Inc., an antibody engineering and discovery company, today announced that they have entered into a discovery collaboration and license agreement. ADC Therapeutics will use Adagene’s SAFEbody™ technology to generate a masked antibody that will be combined with ADC Therapeutics’ pyrrolobenzodiazepine (PBD) cytotoxic payload technology for the development of a novel ADC against a solid tumor target. Adagene has developed the SAFEbody t
Media Advisory: Bombardier to Report its First Quarter 2019 Financial Results and to Hold its Annual Meeting of Shareholders on Thursday, May 223.4.2019 22:54:00 CEST | Pressemelding
MONTRÉAL, April 23, 2019 (GLOBE NEWSWIRE) -- Bombardier (TSX: BBD.B) will publish its financial results for the first quarter of 2019 and hold its annual meeting of shareholders at the Grand Quay (former Alexandra Pier) located in Montréal’s Old Port on Thursday, May 2, 2019. Quarterly conference call On May 2 at 8:00 a.m., EDT, Bombardier’s management will hold a webcast/conference call intended for investors and financial analysts to review the company’s financial results for the first quarter of 2019. Please find below the dial-in information for the call: In English: 514 394 9320 or 1 866 240 8954 (toll-free in North America) +800 6578 9868 (overseas calls) In French: 514 394 9316 or (with translation) 1 888 791 1368 (toll-free in North America) +800 6578 9868 (overseas calls) Annual meeting of shareholders WHERE: Grand Quay, 200 de la Commune Street West, Montréal, Québec, H2Y 4B2 WHEN: Thursday, May 2, 2019 Media registration: 9:30 a.m. - 10:15 a.m. Eastern Daylight Time (EDT) Op
Patton Enhances Cloud Orchestration Service with OA&M Messaging23.4.2019 20:05:00 CEST | Pressemelding
Expanding its virtualized NMS with alerts and notifications sent to mobile teams, Patton reduces operational expense and complexity for service providers SmartNode VoIP… More than Just Talk! GAITHERSBURG, Md., April 23, 2019 (GLOBE NEWSWIRE) -- Patton Electronics—creator of SmartNode virtual VoIP CPE and CopperLink Ethernet and power-over-Ethernet extenders—has enhanced its revolutionary Patton Cloud virtualized edge-orchestration service by adding new alerts and notifications capabilities, the company announced today. WATCH the VIDEO TUTORIAL Patton Cloud Alerts and Notifications Added alerting and notification capabilities augment the Patton Cloud with fault and performance-monitoring tools for service-quality assurance, as well as device and service management. The Patton cloud already provides automated onboarding and provisioning as part of its full-service, life-cycle orchestration solution. Now, element status, statistics, faults, alerts, and alarms can all be delivered to techn