Kuaishou

Chinese short-video app Kuaishou's Hong Kong stock fell as much as 6% to ~$8, the lowest since November 21, after it was hit by a cyberattack on December 22

Chinese short-video company Kuaishou launches Kling Video O1, saying it is the first multimodal AI model to unify video generation, editing, and post-production

Brand-New Creative Engine for Endless Possibilities! Input anything. Understand everything. Generate any vision. With true multimodal understanding, Kling O1 unifies your input across texts, images, a...

Kuaishou reports Q3 revenue up 14% YoY to ~$5B and net profit up 37% YoY to ~$632M, above ~$588M est., driven by ad growth and its Kling AI video generator

Sherry Qin / Wall Street Journal :

China's market regulator opens a probe into Chengdu Kuaigou, a Kuaishou unit involved in livestream shopping, for suspected violations of e-commerce rules

Olivia Tam / Bloomberg :

Beijing-based Kuaishou updates its Kling video-generation tool to cut the cost and time to create clips, and says it can generate 1080p videos in under a minute

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ByteDance debuts AI text-to-video app Jimeng AI on iOS in China, after its July 31 Android release; China's Kuaishou released Kling AI in beta globally in July

Tencent's WeChat, ByteDance's Douyin, Kuaishou, and others post similar notices asking users with 500K+ followers to reveal their real names, following Weibo

Bloomberg :

Kuaishou reports Q3 revenue up 12.9% YoY to ~$3.2B, beating estimates, and a ~$378M net loss, holding its own against ByteDance and China's slowing economy

Zheping Huang / Bloomberg :

Didi, Kuaishou, Huawei, TikTok, and other Chinese tech companies are expanding in Latin America and poaching talent from each other, as competition intensifies

then Snapchat started poaching people from Kwai.” @dandiba & @megatobin1 for @restofworld https://restofworld.org/... Daniela Dib / @dandiba : As specialized tech talent is scarce in Latam, there's a ...

Kuaishou reports Q1 revenue up 24% YoY to ~$3.2B, vs. ~$3.1B est., a ~$939M net loss, down 89% YoY from ~$8.7B, and 346M DAUs, up 17% YoY from 295M

Tracy Qu / South China Morning Post :