KSHTY News and Press, Kuaishou Technology From 09/17/22

Summary China commerce sees improving fundamentals as the business saw a recovery in June after COVID disruptions in April and May. Focus on cost optimization and cost structure has yielded positive results thus far as the cost efficiency of Alibaba improves. Alibaba Cloud sho...

Summary Kuaishou's Q2 2022 financial results exceeded market expectations as the company delivered faster-than-expected top line expansion and narrower-than-expected losses in the recent quarter. But Kuaishou's stock price fell by -8% following its Q2 announcement, as the market i...

Kuaishou Technology (KUASF) Q2 2022 Earnings Conference Call August 23, 2022 07:00 ET Company Participants Heather Diwu - Director, Investor Relations Cheng Yixiao - Co-Founder, Executive Director and Chief Executive Officer Jin Bing - Chief Financial Officer ...

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 Kuaish...

Kuaishou Technology Announces Second Quarter and Interim 2022 Unaudited Financial Results PR Newswire HONG KONG , Aug. 23, 2022 /PRNewswire/ -- Kuaishou Technology (HK:1024) (the "Company" or "Kuaishou"), a leading content community and social platform, ...

Kuaishou Technology to Report Second Quarter and Interim 2022 Results on August 23, 2022 PR Newswire HONG KONG , Aug. 11, 2022 /PRNewswire/ -- Kuaishou Technology ("Kuaishou" or the "Company"; 1024.HK), a leading content community and social platform...

Kuaishou secures ISO27001 and ISO27701 certification for privacy and security PR Newswire Kuaishou announced it gained the ISO/IEC 27701 and ISO/IEC 27001 certification in China as well as multiple countries in Latin America, Southeast and South Asia , ...

Two IPOs began trading in another quiet week for the IPO market. In the pipeline, two IPOs and one SPAC submitted initial filings. Chinese e-commerce play WeTrade Group priced at the low end to raise $40 million at a $780 million market cap. Two small deals are scheduled to price ...

Kuaishou's top line and bottom line for the first quarter of 2022 beat market expectations, but the company's actual quarterly financial performance wasn't as good as what headline figures suggest. The negatives for Kuaishou are the adverse effects of weak advertising demand on its on...

Kuaishou Technology press release (OTCPK:KSHTY): Q1 gross margin in the first quarter of 2022 was 41.7%, improving from 41.5% and 41.1% in the fourth quarter and first quarter of 2021 respectively. Revenue of $21.1B (+24.1% Y/Y). Total GMV of e-commerce transactions facilitated on platform wa...