China’s used car marketplace Uxin to raise $ 230M via convertible notes TechCrunch
uxin Uxin, a Chinese second-hand car dealer with Leonardo DiCaprio as its latest brand ambassador, is tipped to get a bag of new funding less than a year after it raised $ 225 million from its public offering on the Nasdaq. The company announced on Wednesday that it’s selling $ 230 million worth of convertible notes to 58.com — China’s answer to Craigslist, Warburg Pincus, TPG … Read the rest