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Zhihu Second Quarter 2024 Earnings: CN¥0.89 Loss per Share (Vs CN¥2.76 Loss in 2Q 2023)
Zhihu | 6-K: Report of foreign private issuer (related to financial reporting)
Zhihu Inc. (ZH) Q2 2024 Earnings Conference Call Transcript Summary
Zhihu's net loss in Q2 decreased significantly by 71.1% year-on-year, and its AI search product 'Zhihu Direct Answers' received high praise.
In the second quarter, the cost of goods sold and operating expenses of Zhihu both decreased by more than 16%, and the net loss decreased significantly. Zhihu's AI search product, Zhihu Zhi Da, has been well received by users and has further improved user retention rate.
Zhihu's Q2 Loss Narrows as Revenue Falls
Alibaba will complete its dual primary listing on August 28th.
1. Market News 1. The Hong Kong Monetary Authority and the Dubai Financial Services Authority will co-host a climate conference next month. The Hong Kong Monetary Authority and the Dubai Financial Services Authority (Dubai FSA) announced today that they will jointly hold the first joint Climate Finance Conference in Hong Kong on September 16. The conference will be held online and offline simultaneously. This conference is an important initiative to promote the deepening cooperation in sustainable finance between Hong Kong and Dubai. 2. Macau: Retail trade sales in the first half of the year amounted to 36.85 billion Macau patacas, 96% of the level in the same period of 2019. Data from the Macau Statistics and Census Service show that retail trade sales in the first half of the year amounted to 36.85 billion Macau patacas.
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