Shulou(Shulou.com)11/24 Report--

CTOnews.com August 23 news, Kuaishou today released the second quarter of 2022 and full-year results. According to the financial report, the company's revenue in the second quarter was 21.7 billion yuan, up 13.4% from a year earlier. The net loss is 3.18 billion yuan, with an estimated loss of 5.14 billion yuan; after adjustment, the net loss is 1.31 billion yuan, and the estimated loss is 2.91 billion yuan.

The second quarter of 2022 was a breakthrough quarter for Kuaishou, according to the financial report. Especially in the face of a challenging macro environment, while the revenue of various business lines has grown steadily, the domestic business has achieved an important milestone in profitability. It changed from an operating loss of 1.026 billion in the same period last year to an operating profit of 93.623 million.

In addition, Kuaishou users and traffic continued to grow strongly in the second quarter of 2022, reaching an all-time high again. In the second quarter of 2022, the total traffic of Kuaishou continued to grow strongly, and the total traffic of Kuaishou applications increased by 38.7% compared with the same period last year.

CTOnews.com learned that Kuaishou had an average of 347.3 million daily active users in the second quarter of 2022, compared with 293.2 million in the same period last year, and an average of 586.7 million monthly active users, compared with 506.2 million in the same period last year.

In terms of business data, online marketing service revenue increased by 10.5% from 10 billion yuan in the same period in 2021 to 11 billion yuan in the second quarter of 2022, mainly due to the continuous improvement of services, product functions and advertising effectiveness, driving the increase in the number of advertisers.

Live broadcast business revenue increased by 19.1% from RMB 7.2 billion in the same period in 2021 to RMB 8.6 billion in the second quarter of 2022, thanks to an increase of 21.8% in average monthly subscribers compared with the same period last year, due to the improvement of live content quality and the efficiency of user-to-content matching.

Revenue from other services increased 7.1 per cent from 2 billion yuan in the same period in 2021 to 2.1 billion yuan in the second quarter of 2022, thanks to the growth of e-commerce business. due to efforts to strengthen the trust-based e-commerce model, expand brand e-commerce and strengthen cooperation with fast-hand service providers.

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