KSHTY - Kuaishou Technology reports Q2 results

• Kuaishou Technology press release ( OTCPK:KSHTY ): Q2 Revenue of RMB 21.7B (+13.6% Y/Y).
• Gross margin in the second quarter of 2022 was 45.0%, improving from 41.7% and 43.8% in the first quarter and second quarter of 2021 respectively.
• Average DAUs on Kuaishou App were 347.3M, representing an increase of 18.5% from 293.2M for the same period of 2021.
• Average MAUs on Kuaishou App were 586.7M, representing an increase of 15.9% from 506.2M for the same period of 2021.
• Average daily time spent per DAU on Kuaishou App was 125.2 minutes, representing an increase of 17.1% from 106.9 minutes for the same period of 2021.
• Total GMV of e-commerce transactions facilitated on our platform was RMB191.2B, representing an increase of 31.5% from RMB145.4B for the same period of 2021.

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