Uxin is a used car retailer in China. Uxin buys used cars from consumers, auctions, and dealers; reconditions them at its own facilities; and sells them to consumers through physical superstores and an online platform. Over 70% of sales are made in-store, and Uxin argues its omni-channel model suits Chinese consumers better than a pure online approach given the significance of the purchase. As of FY2025, Uxin operated superstores in six cities — Xi'an, Hefei, Wuhan, Zhengzhou, Jinan, and Tianjin — and sold approximately 51,000 units for the year. Uxin shifted from a commission-based model to an inventory-owning model in 2020, meaning it takes title to vehicles and earns a margin on the spread between acquisition cost and retail selling price. Reconditioning is central to Uxin's value proposition, with each vehicle inspected across 750+ checkpoints before being listed for sale. Uxin also earns commissions by referring customers to third-party financing and insurance providers. Each new superstore costs roughly $8M–10M to open and takes about nine months to reach breakeven. Uxin's growth strategy centers on rapid superstore network expansion, targeting cities ranked in the top 20 nationally by vehicle ownership, and partnering with local state-owned enterprises to co-fund real estate, reducing Uxin's upfront capital needs. Uxin uses a proprietary pricing engine called Manhattan to inform vehicle acquisition bids and retail pricing, and management argues that accumulated transaction data improves pricing accuracy and accelerates new store ramp times over time.