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Q3 revenue of Kuaishou in 2023 was 27.95 billion yuan, an increase of 20.8% over the same period last year.

2024-02-21 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

Thank you, Mr. Air, CTOnews.com netizens, for the delivery of clues about the past in the West window! CTOnews.com November 21 news, Kuaishou today released the third quarter of 2023 report. The revenue of Kuaishou Q3 is 27.95 billion yuan, and the market is expected to be 27.708 billion yuan, compared with 23.13 billion yuan in the same period last year, a year-on-year increase of 20.8%.

Kuaishou Q3 has an adjusted profit of 3.173 billion yuan, compared with an adjusted loss of 672 million yuan in the same period last year, turning a loss into profit over the same period last year. The attached performance table of CTOnews.com is as follows:

In terms of operating parameters, the average number of daily active users of Kuaishou apps increased by 6.4% in the third quarter of 2023 compared with the same period last year, reaching an all-time high of 386.6 million. At the same time, the average number of monthly active users increased by 9.4% year-on-year to an all-time high of 684.7 million. The average number of daily active users per day reached 129.9 minutes in the third quarter of 2023, with the total number of user hours increasing by 6.9% year-on-year.

In order to further optimize cost efficiency, Kuaishou also completed the first phase of the construction of Kuaishou Smart Cloud data Center, its own data center in Wulanchabu, Inner Mongolia, in July 2023. As one of the largest big data and artificial intelligence data centers in China, Kuaishou's own super-large-scale data center is designed to accommodate up to 300000 servers.

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