Tuesday, November 23, 2021

Kuaishou beats as Q3 revenue rose 33.4% YoY to $3.2B, above $3.15B estimates, with a $1.1B net loss, and Chinese MAUs rose 19.5% YoY to 573M (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg:
Kuaishou beats as Q3 revenue rose 33.4% YoY to $3.2B, above $3.15B estimates, with a $1.1B net loss, and Chinese MAUs rose 19.5% YoY to 573M  —  Kuaishou Technology's revenue increased 33%, defying China's tech crackdown and intensifying competition with ByteDance Ltd.



No comments:

Post a Comment

Counterpoint: India smartphone shipments were flat YoY at ~153M; Apple shipped 14M iPhones, raising its share of shipments to a record 9%, up from 7% in 2024 (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : Counterpoint: India smartphone shipments were flat YoY at ~153M; Apple shipped 14M iPhones, raising its shar...