Trade Kuaishou Technology - 1024 CFD

Kuaishou Technology Company profile

About Kuaishou Technology

Kuaishou Technology is a China-based investment holding company mainly engaged in the operation of content communities and social platforms. The Company mainly provides live streaming services, online marketing services and other services. The online marketing solutions include advertising services, Kuaishou fans headline services and other marketing services. Other services include e-commerce, online games and other value-added services. The Company mainly conducts business within the domestic market.

Financial summary

BRIEF: For the nine months ended 30 September 2021,Kuaishou Technology revenues increased 39% to RMB56.65B.Net loss decreased 26% to RMB71.87B. Revenues reflectOnline marketing services segment increase from RMB13.34Bto RMB29.43B, Other services segment increase from RMB2.02Bto RMB5.05B. Lower net loss reflects Fair Value Adjustmentson Other Assets decrease of 42% to RMB51.28B (expense).