Kuaishou Technology

The e-commerce department of Kuaishou, a popular short video platform in China, announced that it had reached a deal with Zhima Credit, a subsidiary of Ant Group, to launch a new payment scheme on the platform. The scheme will be “buy first…

Kuaishou revenue reached US$3.2 billion, beating estimates as the company contends with tightened regulations and stiff competition The short video platform became one of the worst-performing tech stocks this year amid Beijing’s…

Co-founder Su Hua’s move follows similar actions by the CEOs of other Chinese tech giants amid a regulatory crackdown. Kuaishou Technology, which owns a popular short-video platform in China, said chief executive and co-founder Su Hua…

Kuaishou Technology tumbled the most in nearly three weeks after reporting a wider-than-expected loss as the short-video giant increased spending to retain users. The stock sank as much as 12.5% in early trading Thursday, the most since…

In the broader crash of Chinese tech stocks, Kuaishou has become the worst-performing listed firm in this market Kuaishou has lost about 80 per cent of its value even though it has not been a direct target of Beijing’s crackdown on…

Summary Kuaishou Technology's stock price fell by -11% post-results announcement, as there are certain concerns as indicated by its 1Q 2021 financial performance. On the other hand, there has been positive news flow for Kuaishou…