Kuaishou E-commerce released its data of 618 shopping festival. During the promotion period from June 1 to June 18, the number of orders placed in Kuaishou E-commerce grew by nearly 40% YoY and the number of buyers enlarged by nearly 30% YoY. GMV of branded products surged by more than 200% YoY, orders placed while watching short-videos spiked by nearly 210% YoY, and GMV of goods found by search function hiked by nearly 130% Y...
In the first quarter of this year,$KUAISHOU-W (01024.HK)$manifested the first overall profit at the group level since its listing, said the Founder and CEO Cheng Yixiao as the company celebrates its 12th anniversary this year. The user scale has also touched a new high, with all business segments faring well, which is another milestone in the development process. Cheng gave out "profitable laisee" to employees during the occasion, and...
The share price of$KUAISHOU-W (01024.HK)$rose rapidly, with the current report of HK $71.65, up 5%, and the total market value of HK $307.35 billion. According to Daiwa Research News, they're optimistic about the company's clear development strategy in the live broadcast e-commerce business. Considering the vigorous development of the business, we raised the revenue forecast from 2022 to 2024 by 5% to 9%, reiterated the "buy" rating, and raised the tar...
E-commerce was the only channel to maintain solid growth in 2021, though that growth slowed to 15 percent from the 30 percent level of previous years. And e-commerce platforms became increasingly fragmented, with more consumers shifting to options such as Pinduoduo and niche content-driven e-commerce platforms such as Douyin and Kuaishou. The fundamentals of the Chinese economy remain strong, with a growing middle-income group, continuous urbanization, and inflati...
A total of 14 Chinese brands entered the 2022 BrandZ Top 100 Most Valuable Global Brands ranking, accounting for nearly 10 percent of the total brand value on the chart. Tencent and Alibaba ranked fifth and ninth in brand value, respectively. Chinese smartphone video app Kuaishou entered the list for the first time with a market value of 26.5 billion dollars. Against the backdrop of the lingering pandemic, mor...
Since BiliBili joined the Story-Mode on the mobile terminal at the end of 2020, the traffic of vertical video on the home page entrance has exceeded 17% in 2022. This series of measures have been interpreted by the industry as "the official Tiktok signal of BiliBili". However, the vertical short video of BiliBili still retains the barrage function (Kuaishou and Video numbers have been added to the barrage function) and the horizontal ...
Cheng gave out "profitable laisee" to employees during the occasion, and...
According to Daiwa Research News, they're optimistic about the company's clear development strategy in the live broadcast e-commerce business. Considering the vigorous development of the business, we raised the revenue forecast from 2022 to 2024 by 5% to 9%, reiterated the "buy" rating, and raised the tar...
There are many logistics companies supported by these two short video platforms, but their services are far inferior to JD.com and Alibaba, and the delivery problems have been encountered by users for a long time.
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The fundamentals of the Chinese economy remain strong, with a growing middle-income group, continuous urbanization, and inflati...
Chinese smartphone video app Kuaishou entered the list for the first time with a market value of 26.5 billion dollars.
Against the backdrop of the lingering pandemic, mor...
However, the vertical short video of BiliBili still retains the barrage function (Kuaishou and Video numbers have been added to the barrage function) and the horizontal ...
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