Deal Snapshot
58.com Purchases B2B Online Used Car Auction Business from Uxin for USD 105m
Thursday 26 March 2020

Chinese online classifieds marketplace company 58.com Inc. (NYSE: WUBA) has agreed to purchase certain assets and liabilities related to the online used car auction business of Uxin Ltd. for a total cash consideration of USD 105m, the company said.
The transactions are currently expected to close by the first half of 2020.


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Details
Date Published: 26/03/2020

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