The Beijing-based company said it had 262 million daily active users as of September last year. Photo: Reuters The Beijing-based company said it had 262 million daily active users as of September last year. Photo: Reuters
The Beijing-based company said it had 262 million daily active users as of September last year. Photo: Reuters
IPO

Tencent-backed app Kuaishou looks for more ways to monetise millions of users, trim losses after Hong Kong IPO gets go-head

  • Company says its profitability remained uncertain as it struggled to monetise its huge user base
  • Kuaishou’s losses amounted to 9.4 billion yuan in the first 11 months of 2020, down from 68 billion yuan in the first half, according to a stock exchange filing

Topic |   IPO
The Beijing-based company said it had 262 million daily active users as of September last year. Photo: Reuters The Beijing-based company said it had 262 million daily active users as of September last year. Photo: Reuters
The Beijing-based company said it had 262 million daily active users as of September last year. Photo: Reuters
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