Brief: Uxin Ltd Says Responded To Statements Made By A Report Published On April 16

Uxin

22/04/2019 17:18

April 22 (Reuters) - Uxin Ltd  UXIN.O :
    * UXIN LTD - RESPONDED TO STATEMENTS MADE BY A REPORT
PUBLISHED ON
APRIL 16
    * UXIN LTD - GMV IS NOT THE CO'S REVENUE. CO ONLY RECOGNIZES
TRANSACTION FACILITATION SERVICE FEES RECEIVED AS REVENUE IN
ACCORDANCE WITH U.S. GAAP.
    * UXIN LTD - DOES NOT TAKE USED CAR INVENTORY.
    * UXIN -  DOES NOT BUY OR OWN CARS, WHICH IS WHY CARS PARKED
IN
LOT LOCATED IN SHIJIAZHUANG MENTIONED IN APRIL 16 REPORT,  HOLD
TEMPORARY LICENSE PLATES

Source text for Eikon:  ID:nGNX4p5ysr 
Further company coverage:  UXIN.O 

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