Kuaishou beats as Q3 revenue rose 33.4% YoY to $3.2B, above $3.15B estimates, with a $1.1B net loss, and Chinese MAUs rose 19.5% YoY to 573M (Zheping Huang/Bloomberg) – KARKEY

Home Technology News Tech Kuaishou beats as Q3 revenue rose 33.4% YoY to $3.2B, above $3.15B estimates, with a $1.1B net loss, and Chinese MAUs rose 19.5% YoY to 573M (Zheping Huang/Bloomberg)

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Kuaishou beats as Q3 revenue rose 33.4% YoY to $3.2B, above $3.15B estimates, with a $1.1B net loss, and Chinese MAUs rose 19.5% YoY to 573M (Zheping Huang/Bloomberg)

Mr.Mario

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November 23, 2021

Kuaishou beats as Q3 revenue rose 33.4% YoY to $3.2B, above $3.15B estimates, with a $1.1B net loss, and Chinese MAUs rose 19.5% YoY to 573M (Zheping Huang/Bloomberg)

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Zheping Huang / Bloomberg:

Kuaishou beats as Q3 revenue rose 33.4% YoY to $3.2B, above $3.15B estimates, with a $1.1B net loss, and Chinese MAUs rose 19.5% YoY to 573M — Kuaishou Technology’s revenue increased 33%, defying China’s tech crackdown and intensifying competition with ByteDance Ltd.

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