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NIO posts 721.6 million yuan second-quarter loss as revenue misses estimates

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  • NIO reported a narrower second-quarter loss despite missing analyst estimates for revenue and earnings.
  • Revenue rose 69% to 32.14 billion yuan, while net loss reached 721.6 million yuan.
  • August deliveries fell 0.3% from July, marking NIO’s second consecutive monthly contraction.
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NIO posts 721.6 million yuan second-quarter loss as revenue misses estimates - CoinPost Terminal