Divestiture • Business Services

Golden Pacer Acquires Uxin - Loan Facilitation Related Business

On September 30, 2019, Golden Pacer acquired business services company Uxin - Loan Facilitation Related Business from Uxin

Acquisition Context
  • This is Golden Pacer’s 1st transaction in the Business Services sector.
  • This is Golden Pacer’s 1st transaction in China.

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M&A Deal Summary

Date September 30, 2019
Target Uxin - Loan Facilitation Related Business
Sector Business Services
Buyer(s) Golden Pacer
Sellers(s) Uxin
Deal Type Divestiture

Target Company

Uxin - Loan Facilitation Related Business

China
Uxin's Loan Facilitation Related Business is a loan-related service provider.
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Buyer Overview 1

Buyer

Golden Pacer

China

Category Company
Sector Information Technology
DESCRIPTION

Golden Pacer is a financial technology platform.


Deal Context for Buyer #
Overall 1 of 1
Sector: Business Services 1 of 1
Type: Divestiture 1 of 1
Country: China 1 of 1
Year: 2019 1 of 1

Seller Profile 1

SELLER

Uxin

Beijing, China

Category Company
Founded 2011
Sector E-Commerce
Employees1,045
Revenue 1.4B CNY (2024)
DESCRIPTION

Uxin is a professional online transaction service provider for used cars. Uxin makes use of its proprietary "CheckAuto" system and advanced vehicle identification capabilities to ensure the quality of vehicles sold through its platform. Uxin was founded in 2011 and is based in Beijing, China.


Deal Context for Seller #
Overall 1 of 1
Sector: Business Services 1 of 1
Type: Divestiture 1 of 1
Country: China 1 of 1
Year: 2019 1 of 1

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