On June 11th, Jike released its 2024 Q1 report, which showed a revenue of 14.737 billion yuan, an increase of 71% compared to the same period last year; Among them, the sales revenue of complete vehicles was 8.174 billion yuan, a year-on-year increase of 73%; Net loss of 2.022 billion yuan.
In the first quarter of this year, Jike delivered a total of 33059 new cars, a year-on-year increase of 117%. At the first quarter financial report conference call, Jike stated that it will strengthen channel construction in third - and fourth tier cities this year, accelerate channel sinking, and explore greater growth space for brands. As of the end of May, there were a total of 392 stores worldwide, and it is expected that by the end of this year, the number of stores will increase to over 520, with a focus on increasing the construction of stores such as Jike Home and Jike Space.