GIC Increased Stake in Uxin Limited
Posted on 10/14/2020
Singapore’s GIC Private Limited, a sovereign wealth fund, boosted its stake in Uxin Limited, a Chinese used-automobile platform to 11.4%. GIC initially took a 5.01% stake, or 42.04 million shares, in Uxin in late October 2019 (reported October 25, 2019). GIC increased its ownership to a total of 123,757,501 shares in Uxin. On October 6, […]
