Tech

Kuaishou reports Q1 revenue of ~$3.2B, up 24% YoY, beating forecasts of ~$3.1B, with a ~$939M net loss, and DAUs of 346M, up 17% YoY (Tracy Qu/South China Morning Post)


Tracy Qu / South China Morning Post:

Kuaishou reports Q1 revenue of ~$3.2B, up 24% YoY, beating forecasts of ~$3.1B, with a ~$939M net loss, and DAUs of 346M, up 17% YoY  —  Kuaishou’s revenue rose 24 per cent, beating analyst estimates amid a tough first quarter for China’s tech sector The ByteDance rival has fared better …

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