- CEO
- Yixiao Cheng
- Full Time Employees
- 24,718
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Address
- Building 1 Beijing People's Republic of China 100085
- IPO Date
- Aug 3, 2021
- Business
- Kuaishou Technology (1024.HK; OTC: KSHTY), founded in 2011 and headquartered in Beijing, China, operates as a leading content community and social platform focused on short-video sharing, live streaming, and e-commerce in China with expanding international presence in regions including Latin America, Southeast Asia, the Middle East, and Africa; it offers core products and services such as the flagship Kuaishou short-video and content-based social networking platform, Kuaishou Express, Kuaishou Concept, Yitian Camera for Japanese-and-Korean-style filters and stickers, Kmovie for video shooting, editing, and production, AcFun video sharing website, live streaming e-commerce, online marketing solutions, entertainment content, online games, knowledge-sharing services, and advanced AI tools including the Kling AI text-to-video generation model and Keling AI platform; revenue streams encompass advertising, live streaming virtual gifting, e-commerce gross merchandise value transactions, and emerging AI commercialization. The company serves a vast user base exceeding 400 million average daily active users on its core app, targeting diverse demographics particularly outside China's Tier 1 cities with user-generated content, personalized recommendations powered by proprietary AI and big data analytics, and creator monetization tools. Recent developments include the launch of a dedicated Kling AI app in July 2025 featuring real-time collaboration and intelligent creation, achieving over RMB250 million in Q2 2025 revenue; Keling AI commercialization surpassing RMB100 million by Q4 2024; overseas operations turning profitable with 32.7% year-over-year revenue growth in Q2 2025; integration of local services with lead-based marketing into a lifestyle services segment by Q3 2025 to bolster merchant ecosystems; partnerships such as with Beijing Radio and Television Station for the 2025 Kuaishou Super Summer Gala; and sustained e-commerce GMV expansion to RMB358.9 billion in recent quarters driven by AI-optimized recommendations, shelf e-commerce enhancements, and live streaming synergies.