By Chris Wack

Uxin Limited said it has entered into a strategic partnership with JD.com to launch a self-operated online store for used car transactions through JD's platform.

The two companies will work together to provide consumers with one-stop online used car purchase offerings, including used-car inspection, purchasing, insurance, and aftersales services, and explore additional opportunities in data management, technology, inspection standards, and integrated supply chains in the used car business.

Uxin said it will use JD.com's e-commerce capabilities and extensive offline network to support its expertise in the online used car business and inventory-owning model.

Uxin shares were up 18% to $1.51 in premarket trading.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

04-22-21 0902ET