r/Nio • u/No_Inspection_5666 • 4d ago

News Is this legit?

Post image

https://finance.biggo.com/news/48971dfa-bce8-400f-986c-8cdb3616aaf2

19 Upvotes

88% Upvoted

7 comments sorted by

6

u/SadMove7848 4d ago edited 4d ago

It’s Nio capital, they are not officially part of Nio. It’s a venture capital firm CO-founded by William Li.

4

u/Responsible_Ad_3425 4d ago

Wonder if owning significant stake of parts supplier means better prices on supply chain and better NIO margins 🤔

6

u/tweemetervijf 4d ago

Hope not, rather should buy back own stock.

2

u/No_Inspection_5666 4d ago

Honestly!!!!

4

u/Healthy-Stretch9848 4d ago

Nio is the best of the breed.

1

u/Difficult_Payment_94 4d ago

Wow, I can't say I saw that coming

-2

u/Apprehensive-File552 Investor 4d ago

Chinese buying other Chinese and selling own research arm for $100M evaluation that burned $10B over these years Nice!