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Kuaishou Technology

Coverage of Kuaishou Technology in the Nexus archive.

Earliest in view: May 27 · 09:00 UTCMost recent: Jul 7 · 02:27 UTC

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Recent coverage

BUSINESSJul 7 · 02:27 UTCSCMP CHINA
Kuaishou shares tumble as Tencent slashes stake after US$3b Kling AI deal
Kuaishou Technology shares fell over 6% after Tencent Holdings sold 273 million Class B shares, reducing its stake from 15.68% to 9.37%. The divestment followed Tencent leading a $3 billion financing round for Kuaishou’s AI video unit, Kling AI.
BUSINESSMay 27 · 09:00 UTCSCMP CHINA
Kuaishou beats estimates as Kling AI video generator’s revenue jumps 300%
Kuaishou Technology reported Q1 revenue of 33.7 billion yuan, surpassing estimates, driven by a 300% revenue surge in its AI video generator, Kling AI. The company's overall revenue grew 3.4%, attributed to AI technologies boosting content and business growth.