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The third quarter loss narrowed to 1.139 billion yuan, and it is planned to integrate with Lynk&Co, Jike, and Ancong to achieve breakeven next year. According to the performance report, Jike's total revenue in the third quarter of 2024 was 18.36 billion yuan, a year-on-year increase of 31% and a month on month decrease of 8.4%. Jike's net loss was 1.139 billion yuan, a year-on-year decrease of 21.7% and a month on month decrease of 37%. At the same time, Jike also announced that it will acquire the equity of Lynk&Co from Geely Holding Group and Volvo Cars, expected to be completed in the first quarter of next year.
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