Uxin Limited announced a private placement of 7,891,689 series G redeemable convertible preferred shares at $29.80204361 per share for gross proceeds of $235,188,460 on January 13, 2017. The round included participation from TPG Growth III SF Pte. Ltd. which subscribed to 2,013,285 shares, Zhuhai Hengqin Wuzhouhuaxin Equity Investment Fund (Limited Partnership) which subscribed to 2,013,285 shares , Zhuhai Guangkong Zhongying Industrial Investment Fund (Limited Partnership) which subscribed to 1,449,178 shares, returning investor Redrock Holding Investments Limited which subscribed to 838,869 shares, returning investor Internet Fund II Pte. Ltd. which subscribed to 503,321 shares, Zhuhai Gaoling Renyuan Asset Management Centre (Limited Partnership) which subscribed to 335,547 shares, returning investor JenCap UX which subscribed to 335,547 shares, returning investor Turbo Wise Investment Limited which subscribed to 268,438 shares, and Ray Galaxy Limited which subscribed to 134,219 shares in the transaction.

On January 26, 27, 28 and 30, 2017, the company entered into a shares purchase agreement with certain investors in the transaction. The company incurred cost of $800,000 in connection with the transaction.