AIBloomberg2h ago

Kuaishou reports Q2 revenue flat at ~$5.2B, meeting est., net income

Kuaishou reports Q2 revenue flat at ~$5.2B, meeting est., net income down 36% YoY to ~$467M, the biggest drop since 2021, and Kling AI sales up 200%

Kuaishou Technology earnings fell the most in five years, hit by higher revenue sharing payouts to creators while artificial intelligence …

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Source: Bloomberg · Opens in new tab