Kuaishou reports $3B in Q2 revenue, up 48.8% YoY and beating estimates, as net loss reached $1B; Kuaishou's value has declined by $180B since its Feb. debut (Zheping Huang/Bloomberg)
Kuaishou reports $3B in Q2 revenue, up 48.8% YoY and beating estimates, as net loss reached $1B; Kuaishou's value has declined by $180B since its Feb. debut (Zheping Huang/Bloomberg) https://bit.ly/3DdCvLI
Zheping Huang / Bloomberg:
Kuaishou reports $3B in Q2 revenue, up 48.8% YoY and beating estimates, as net loss reached $1B; Kuaishou's value has declined by $180B since its Feb. debut — Kuaishou Technology's revenue beat estimates, defying China's stricter content control and intensifying competition with ByteDance Ltd.
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