Kuaishou, the Chinese short video platform, announced its financial results for the fourth quarter and full year of 2024 on March 25. The company reported a total revenue of RMB 126.9 billion ($17.6 billion), marking an 11.8% increase compared to the previous year. Additionally, Kuaishou's adjusted net profit surged by 72.5% to reach RMB 17.7 billion ($2.5 billion) during this period. This significant growth in revenue and profit highlights the platform's successful strategies and increasing user engagement, contributing to its overall financial performance.
Original from TechNode.com: Kuaishou reports strong 2024 earnings as Kling AI gains traction
Kuaishou reports strong 2024 earnings as Kling AI gains traction
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