Uxin Powers Ahead: 135% Year-Over-Year Growth in Retail Transaction Volume as China's Used Car Market Continues to Thrive
In a recent earnings conference call, Uxin, a leading used car e-commerce company in China, reported impressive growth figures for the fourth quarter and full-year ended December 31st, 2025. Despite intense price competition in the new car market, which posed challenges for the used car industry, Uxin maintained strong momentum with its retail transaction volume reaching 51,110 units, a 135% year-over-year increase.
This marks the second consecutive year of more than 130% growth for the company, solidifying its position as a leader in China's burgeoning used car market. Total revenues reached RMB 3.24 billion, representing an impressive 79% year-over-year increase. Notably, Uxin's inventory turnover days remained stable at approximately 30 days, demonstrating efficient management of its expanding sales and inventory.
The company's success can be attributed to its redefinition of used car transactions through a modern retail approach. By leveraging advanced self-operated reconditioning factories, offline superstores, and an online marketplace, Uxin provides a one-stop purchasing experience with comprehensive after-sales support. This innovative model has resonated with consumers, who are increasingly seeking transparency in vehicle conditions, fair pricing, professional service, and reliable after-sales support.
Uxin's expansion plans are also paying off, as the company began large-scale replication and nationwide expansion of its super store model during the year. Building on existing stores in Hefei and Xi'an, three new super stores were opened in Wuhan, Zhengzhou, and Jinan. The results have been promising, with each mature super store achieving over 20% market share in their respective cities.
One of the key strengths behind Uxin's success is its pricing capability, which continues to evolve and improve. The company has accumulated a vast set of real transaction data from self-operated used car sales, roughly doubling each year. This valuable resource enables Uxin to make informed decisions and stay ahead in a competitive market.
As China's vehicle ownership approaches 370 million units, the used car industry is expected to continue growing. With annual used car transaction volume potentially reaching 35 million-50 million units based on current vehicle ownership alone, companies like Uxin will play a crucial role in unlocking this potential and leading the transformation of China's used car market.
